May. 7, 2008

Fora.TV Gets $4 Million First Round For Intelligent Video Programming

(PaidContent.org)  This story was written by Joseph Weisenthal.
Fora.TV, a distributor of online video for a discerning audience, has raised a $4 million first round from Adobe (NSDQ: ADBE), William Randolph Hearst III (affiliated with Kleiner Perkins) and other investors, reports Beet.TV. The SF-based site previously raised a $2 million from Adobe, for a total raise of around $6 million. Distribution partners include C-SPAN and various political think tanks, and current featured videos include discussions with Henry Kissinger, Howard Fineman and Arianna Huffington. It hopes to make money through the quality of its audience, as opposed to the quantity. As CEO Brian Gruber explains in an interview, Fora.TV can set up sponsored channelsit currently has o health and wellness channel sponsored by Pfizerallowing companies to reach their desired demographic with the use of engaging content.



By Joseph Weisenthal
Copyright © 2008 paidContent.org

Share:
  • Share
  • Yahoo! Buzz
  • Mixx

CBSNews.com On Digg

Exclusive Webshow

Gen. Ray Odierno, head of multinational forces in Iraq, on progress there and plans for Afghanistan. Watch Now

  • MOST POPULAR
Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: