Fliqz Receives $6 Million in Series C Funding From Triangle Peak Partners and Mohr Davidow Ventures.New Funding - and More Than 35,000 Customers - Validate To prove something to be sound or logical. Also to certify conformance to a standard. Contrast with "verify," which means to prove something to be correct. For example, data entry validity checking determines whether the data make sense (numbers fall within a range, numeric data Fliqz's Leadership in Online Video Market EMERYVILLE, Calif. -- Fliqz, the leading provider of plug-and-play video solutions, today announced it has received $6 million in Series C funding. The round was led by Triangle Peak Partners, LP and joined by existing investor Mohr Davidow Ventures (MDV MDV mucosal disease virus. ). Fliqz, which has more than 35,000 online video publishers using its platform, will use the funds for product development, international expansion and ongoing growth of its already robust sales organization. 2008 has witnessed broad acceleration in the adoption of online video, with thousands of companies incorporating video into their marketing mix. Today, Fliqz powers more sites than any other plug-and-play provider, with more than 1,000 new publishers a month selecting Fliqz. "The adoption of video by web sites of all sizes marks the single greatest change in the online landscape since the ubiquitous Found in large quantities everywhere. This English word means "all over the place." adoption of email and web sites in the mid- mid- pref. Middle: midbrain. 1990's. Plug-and-play solutions are fueling this growth by removing the technical and financial barriers to mass adoption," said Benjamin Wayne, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Fliqz. "The financial support and expertise of investors like Triangle Peak Partners and MDV provides valuable resources and experience as we continue to build on our success in serving this multi-billion dollar emerging market." The Fliqz platform enables sites to effortlessly ef·fort·less adj. Calling for, requiring, or showing little or no effort. See Synonyms at easy. ef  fort·less·ly adv. and
cost-effectively integrate customized video solutions. A complete
application set provides end-to-end end-to-enda pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. tools for the capture, management, moderation, tracking, and monetization Monetization The securitization of the gross revenues of a contract. of video assets. Unlike other expensive and technically-complex alternatives designed primarily for large media companies, Fliqz solutions are designed to meet the needs, budget, and technical expertise of a wide spectrum of publishers. "The widespread adoption of video is creating tremendous market growth," said Dain DeGroff, a partner at Triangle Peak Partners, LP. "Fliqz's extensive and rapidly growing customer base, robust yet intuitive technology, and seasoned management team make it uniquely positioned to take advantage of this exciting opportunity." About Fliqz Fliqz is the leader in full-service, plug-and-play video solutions. The company offers the most flexible video solutions available online, providing seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. and full customization to companies of any size. Fliqz eliminates traditional barriers to online video by removing the complexity associated with both site implementation and user deployment, ensuring that there is no code to develop, no infrastructure to own, and no software to maintain. The company maintains a customer network of more than 18,000 sites worldwide and is based in Emeryville, Calif. Additional information can be found at www.fliqz.com. About Triangle Peak Partners Triangle Peak Partners, LP is an investment firm focused on venture capital and private equity investments in private and public companies in the technology, energy, and alternative energy sectors. The firm has over $300 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , $165 million of which is in venture capital and private equity, and has offices in Carmel, Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. and Houston. About MDV-Mohr Davidow Ventures MDV is a leading Silicon Valley-based venture capital firm that partners with exceptional entrepreneurs building breakthrough companies creating new markets or disrupting incumbents, principally through technology innovation. The firm invests in the areas of Cleantech, Information Technology, and Human Health. Since its inception in 1983 the firm has taken a hands-on approach to investments and works closely with entrepreneurs to reduce time to market and build successful companies. Companies funded by MDV include: CarrierIQ; Genius; InfusionSoft; IronKey; Laurus Energy; Nanosolar; Pacific Biosciences; Proofpoint; Revenue Science; Shutterfly and ZeaChem. MDV has $2 billion under management. For more information, visit http://www.mdv.com. |
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