Web 2.0 News

StudioNow Raises $1.5M in Funding
StudioNow, the video editing service, has raised $1.5 million in funding led by Claritas Capital. Others participating in the round are Fred Goad and Jim Kever, the founders of Envoy. Funding will be used for marketing purposes and technology development and operations.

Source: http://mashable.com/2007/06/14/studionow-funded/