CastTV Raises $3.1 Million, Battles Google And AOL In Video Search
San Francisco-based CastTV, a video search service that is yet to launch, announced a $3.1 million round of financing from Draper Fisher Jurvetson this morning. We first wrote about the company, which is led by husband and wife team Edwin Ong and Alex Vikati, last October. See our post and screenshots here . AOL arguably has the best video search technology through their acquisition of Truveo in early 2006. Google also has a growing video search engine that includes both Google Video and YouTube videos.
Source: http://www.techcrunch.com/2007/04/24/casttv-raises-31-million-battles-google-and-aol-in-video-search/
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