For startups without a warchest full of cash, times are about to get very tough. The latest to hit the deadpool is Eyespot, which announced its demise not with a press release, but with a Twitter from co-founder David Dudas stating simply:
Eyespot has shut down. Lots of great peeps available: engr, product mgmt, HR, content, bizdev, account mgmt. Let me know if u need anyone.
Eyespot raised … → Read More
Ever since the social video market boomed through 2006, some video services have sought to differentiate themselves by adding online editors. Jumpcut and Motionbox launched their editors last April and Jumpcut was acquired by Yahoo! 5 months later. Eyespot launched its editor a month before Jumpcut, last March. Last December Gotuit launched their SceneMaker video mashup app. Photobucket recently… → Read More
It’s been a big day for Web 2.0 funding announcements. This morning we posted on Series A closing at $3 million for GotVoice. Now San Diego based online video editing service Eyespot has announced closure of its own first round of funding. The funding was led by Silicon Valley firm Gabriel Venture Partners to the total tune of $3.7 million. VentureBeat appears to have broken the story. → Read More
Three online video startups announced a partnership this morning that will allow users to edit their videos on Eyespot and publish with a single click to Blip.tv and Veoh. This sounds like a smart move for all involved as editing and remixing ups the ante on features for video sharing. Partnering with another startup already providing the service may make more sense that building it into an… → Read More