Sunday, 1 July 2012

Big Frame Gets $3 Million to Make a Bigger, Better YouTube Network

big-frame-fundingSpeaking of online video oriented startups raising multi-million dollar financing rounds, YouTube media company and network Big Frame today announced it?s received over $3 million in seed capital from a laundry list of institutions and investors including Anthem Venture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm, and Social Starts as well as angel investors Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling, and Dan Murray. The cash comes less than one year after CEO Steve Raymond, Head of Talent Sarah Penna (who was then Sarah Evershed), and Rawkus Records co-founder Jarret Myer founded the company that helps YouTubers (who create content in a variety of genres targeting a variety of demos) develop their audiences, grow revenue (both inside and outside of the YouTube ecosystem), and produce premium entertainment. Big Frame currently boasts over 100 channels in its YouTube network, with an aggregate viewcount bumping 42 million monthly video views amongst 7.4 million unique monthly video viewers. The content those 42 million or so pairs of eyeballs are consuming come from long-standing YouTube stars (like Dave Days, DeStorm Power, JulianSmith, MikeDiva, WhatUpElle, WheezyWaiter, and MysteryGuitarMan), on the rise talent (like Sonia?s Travels, SortedFood, and TheFuMusic), at least one web series (known as Squaresville), and no less than one channel that?s part of YouTube?s $100 Million Originals Initiative (called BAMMO, which features the productions of key Big Frame talent)

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