Press Release
11/06/06
Video Ad Solutions Provider PixelFish Reels In First Round of Financing
Investment Validates Support of the Company’s Unique Model for Video Creation, Distribution, and Optimization
Torrance, CA – November 6, 2006 – PixelFish, a leading provider of online video ad solutions for small and medium-sized businesses, has announced the closing of its first round of financing from a group of highly respected angel investors, including senior executives from industry leaders Microsoft, AT&T, Intel and VeriSign along with funds provided by PixelFish founder John McIntyre.
“PixelFish represents an excellent opportunity in the rapidly evolving digital media landscape and exploding online video market,” said John Zdanowski, CFO of Linden Labs and member of the PixelFish Board of Directors. “Its unique business model and innovative video platform make the company a clear leader in this space. I’m very enthusiastic about working with PixelFish to capitalize on this major market opportunity.”
Funding will allow PixelFish to further grow its global network of videographers and continue development of its next generation video ad creation and optimization platform to support the company‘s vision of making video advertising more accessible and affordable to small and medium-sized business and their advertising partners.
“We’re very pleased that our investors recognize the enormous market potential in accelerating broader adoption of video advertising and opening the market up to more advertisers,” said PixelFish founder and CEO John McIntyre. “This investment serves as strong validation of the PixelFish mission to provide the easiest-to-use and most effective video creation, distribution and optimization solutions for advertisers and their partners.”
About PixelFish
PixelFish, Inc. is a technology-driven provider of award-winning video advertising solutions for small and medium-sized businesses (SMBs) and their advertising partners. The company is building a revolutionary platform for quickly and easily creating, distributing and optimizing the most affordable and effective video ads. Its intuitive online applications enable a range of video solutions that meet the varying needs and budgets of SMBs, supported by its global network of more than 1,000 professional videographers. PixelFish is a privately-held corporation headquartered in Torrance, California. To learn more about PixelFish, please visit www.pixelfish.com
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Contact:
Michael David
PixelFish, Inc.
Tel: (310) 212-3200
Fax: (310) 212-3201
pr@pixelfish.com