Video Distribution Service mDialog Raises $3 Million First Round
By Joseph Weisenthal - Wed 31 Oct 2007 09:14 AM PST
Toronto-based mDialog, a video sharing and distribution startup, has raised a $3 million first round from angel investors, reports VentureBeat. In addition to offering user-generated content sharing, which is like an endless list of other companies, mDialog plans to distribute professional, third party content in a format designed for Apple (NSDQ: AAPL) services, including AppleTV. It’s licensed Apple’s MPEG4 H.264 video standard in order to do this. Another differentiating factor is its plan to position itself as a storefront for third parties to collect subscription revenue.
Posted in: Companies, Apple, Social Media, Video Sharing, VC+M&A
Tags: mdialog,
I’ve just seen this mis-representation too many times.
