Magnify.net Raises $1.2 Million – Will Showcase Tools At SM East Show

Dan Rayburn | Tuesday February 20, 2007 | 12:01 AM | Comments (0)

Last week, Magnify Networks (www.magnify.net) announced that it has closed on an investment of $1.2 million to accelerate the growth of its search-and-sort platform for Internet based, user-generated video channels.

Founded by industry veteran Steve Rosenbaum, who some say is widely regarded as the "Father of User-Generated Video" from his ground-breaking work with MTV Unfiltered, Magnify.net enables publishers to create their own video channel featuring targeted content for their niche communities.

Magnify.net was one of the companies featured at the Demo 2007 Conference and Steve will be doing a demo of the Magnify platform at the Streaming Media East show in May along with demos from VideoEgg, and Motionbox among others for the "User-Generated Content Tools" session.

Filed in Acquisitions & Investments, User Generated Video | Permalink | Comments (0)