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Online Video Guide Site TheDailyReel Raises Seed Round

By Staci D. Kramer - Wed 04 Apr 2007 03:52 PM PST

Online video guide The Daily Reel has raised a seed round in the high six figures from Boston’s Prism VentureWorks. The LA-based start-up was launched last fall and had 200,000-plus uniques last month, according to co-founder and CEO Jeff Stern. Movie producer Jamie Patricof is co-founder and president. The ad-supported site’s primary role is sorting through myriad online video for users; it’s also helping new talent break through the clutter and reach industry execs.
(Disclosure: Stern is our former COO, and on our board, and Patricof is the son of Alan Patricof, managing director of our investor Greycroft Partners. The Daily Reel is one of our sponsors.)

Posted in: Social Media, Video Sharing, VC+M&A



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