Monday, 21 November 2011

Video Platform Startup Veenome Raises $500K From Ecosystem VC & Angels

Screen-shot-2011-10-21-at-7.36.32-AM2Washington, D.C.-based video indexing and discovery startup Veenome has raised $500, 000 in seed funding from Ecosystem Ventures�(investors in Tube Mogul and Facebook), plus private angel investors from Google, Dingman Center Angels, as well as Chegg founder Aayush Phumhra and the founder of WebMetrics Tim Drees. The company uses proprietary automated video recognition technology to scan video clips for products, brands and objects which can be tagged and indexed.

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