Video Blocks Raises $10.5 M of Series A Funding
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Reston, Virginia – VIdeo Blocks, a subscription-based website that provides members with unlimited downloads of stock video, motion backgrounds, production music, sound effects and more has raised $10.5 M of series A funding from Updata Partners and backed by QED investors.
The new funding will be used to roll out more low-cost video clips to it’s subscribers. Video Blocks offers unlimited download of clips for $79 a month or a yearly subscription fee of $948.
Funding
Funding Total: $10,500,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 09/2012 | $10,500,000 | – | – |
| Investors: Updata Partners, QED Investors | ||||
Founders
- Posted in: Funding
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