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Thursday, June 9, 2011
SEC Watch: MovieClips Raises $6M To Curate And Mashup Scenes From Movies
Online movie clips site Movieclips.com has raised $6 million out of a $7 million round, according to a recent SEC filing. The startup has previously raised $3 million. Movieclips.com, which launched in 2009, offers a clip engine with over 14,000 different clips from 1,400 titles from the libraries of 20th Century Fox, MGM, Paramount, Sony Pictures, Universal Pictures and Warner Bros. Pictures. Last year, the startup also launched a new product, called Movieclips Mashups, at TechCrunch Disrupt in New York, which allows anyone to make montages of two minutes clips.
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