Metacafe May Be Sold For $200 Million
Metacafe, the video sharing site, is reportedly being sold for between $200-300 million. The buyer is currently unknown but there is speculation that it may be Yahoo.
In July, Metacafe recieved $15 million in funding from Benchmark Capital and Accel Partners. The company was founded in 2004 and has offices in Palo Alto and Tel Aviv.
We are currently calling press reps at Yahoo to inquire about the acquisition, which would be surprising, given their recent commitment to reorganization.
When we covered Metacafe’s funding news, we called it a hybrid between YouTube and Fark.
Update: We’ve taken a look at Metacafe’s Comscore stats relative to YouTube. Comscore reports that Metacafe had 3.8 million unique visitors and 83 million page views in October 2006. That compares to YouTube’s 23 million unique visitors and 1.5 billion page views. These stats are U.S. only.