Overview

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Status
Acquired by on February 14, 2008
Total Equity Funding
$12.7M in 3 Rounds from 6 Investors
Headquarters:
Los Angeles, CA
Description:
Revver is a video sharing website hosting user-generated content and offering ad revenue share.
Founders:
, ,
Categories:
Content, Video Streaming, Video
Website:
http://revver.com
Social:

Company Details

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The first user generated video site to offer revenue share, Revver is a video sharing site. Revver was founded in 2004 before user generated video had even begun to take off. For months into its infancy Revver looked to be a viable alternative if not legitimate challenger to YouTube. Its 50/50 revenue share model landed some high profile content like Ask a Ninja, LonelyGirl15 and the Diet Coke and Mentos guys. Users were immediately enticed by the chance not only to be a web celebrity but to make some cash while they were at it.

According to Compete.com, Revver page views are still growing, however, they hit appr. 1 million monthly while YouTube achieves close to 250 million. Competitors in the user generated video area include Veoh, YouTube, Sony owned Crackle, DailyMotion, Metacafe, iFilm and others. Ian Clarke, original Revver Co-founder, now runs social news site Thoof.

Funding Rounds (3) - $12.7M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2006undisclosed amount / Undisclosed6
Apr, 2006$8.7M / Series B4
Nov, 2005$4M / Series A3

Current Team (5)

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Board Members and Advisors (1)

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Products (1)

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  • Revver is a video sharing website that hosts user-generated content.

Competitors (7)

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  • Dailymotion is a video-sharing website that allows users to upload, watch and share videos.
  • Stagevu is a user-generated video website that enables users to watch and share videos by using the DiVX Web Player.
  • Next New Networks is a producer of online video networks and a media company allowing viewers to contribute, share and distribute content.
  • Pandora TV is a video sharing website that hosts user-generated content.
  • Veoh is an Internet TV service enabling viewers to discover, watch and personalize their online viewing experience.
  • Vreel Media is an HD video streaming website featuring h.264 hi-def video streaming and file uploads.
  • YouTube, a video-sharing platform, allows users to upload, view and share videos, including movie and music clips and amateur content.

Offices/Locations (1)

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  • Office

    Los Angeles, CA

    USA

Past Team (8)

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