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Article: Video Island secures GBP6 million ($10.7m) Series B funding round; Cazenove Private Equity joins Benchmark Capital and Index Ventures.
- Article from:
- M2 Presswire
- Article date:
- June 10, 2004
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M2 PRESSWIRE-10 June 2004-Video Island: Video Island secures GBP6 million ($10.7m) Series B funding round; Cazenove Private Equity joins Benchmark Capital and Index Ventures(C)1994-2004 M2 COMMUNICATIONS LTD
RDATE:06102004
London, U.K - Online DVD rental company, Video Island, today announced the closing of a GBP6 million ($10.7m) Series B financing round led by Cazenove Private Equity.
Series A investors Benchmark Capital and Index Ventures also participated in the round as Video Island continues to be the only venture capital backed online DVD rental service in the UK. The company will use the funds to consolidate its leading position in the ...