VideoEgg Receives Undisclosed Investment : Video for Social Networks

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VideoEgg Receives Undisclosed amount of Investment from WPP
April 16, 2007

VideoEgg announced a strategic investment from WPP (NASDAQ:WPPGY) of an undisclosed amount.

What does VideoEgg do?

VideoEgg is a video solution and video advertising network for online communities.

VCU says:

VideoEgg is a video solution and video advertising network for online communities. Their advertising network is focused on user generated video content. Their network is entitled the Eggnetwork and the advertising consists of what they call invitations included in visible but unobtrusive ways, both during the play and at the end of each video.

The Eggnetwork includes more than 60 leading social networks with more than 15 million monthly uniques and as many as 20 million streams each day. Their network has partnerships with major social networks and communities such as Bebo, Hi5, Carspace, MyYearbook, Consumating, Tagged, and other publishers.

They serve video streams, tens of millions daily, as well as advertising in the streams.

See their VideoEgg site here, and their Eggnetwork site here.

Read more about David Lerman here.

Read more about Matt Sanchez here.

Read more about Kevin Sladek here.

Read more about WPP here.


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