BLIP.TV RAISES $10.1 Million

In a third round of funding, BLIP.TV, the website that hosts user created television shows, recently raised $10.1 million. Major funders included Canaan Partners and Bain Capital Venture. Blip.tv CEO, Mike Hudack shares how BLIP.TV survived and competed in a crowded and competitive since there genesis in 2005. Hudack says that their success was based on cultivating and supporting the high quality content of creators who upload on their site, signing important deals with larger hosting sites, and increasing internal advertising on the site. They are now expanding into the mobile apps market.
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