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Meevee with another $8 million round

Filed in archive Entrepreneurship by tj on August 14, 2006

meevee2_screen.jpg


According to PE Week Wire and Techcrunch, MeeVee, which we interviewed here has raised another $8 million in a third-round of funding.

I'm not so sure if I get the secret sauce of the Meevee model. It is not a model for Tivo as Michael Raneri expressed in the interview. Free TV Guides is something very useful but how do you make enough off such a platform. Probably the simple assumption is there is x amount of money made in advertising in free or nearly free paper magazines, why not take some of that online and see what happens.

Let's see how MeeVee fares - so far the service would be better off with some more rich media content but is probably not so far away.


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Related Entries:

MeeVee Launches Beta Version - 08 June 2005

meevee 改版,重装上阵 - 22 九月 2006

Ferrari's 'Round The Word Tour - 16 February 2007

MeeVee 获收 350 万美元投资 - 24 九月 2007

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