Deal Announcements

One True Media Receives $8 Million In New Round

Tuesday, November 11, 2008 5:58:00 AM PDT | VentureDeal Staff

Redwood City, California  --  Internet company One True Media said that it has secured $8 million of a $10 million series B venture capital funding, according to a report in PE Hub.

One True Media has created an online service for friends and families to create and share their photos and videos on the web in a more interesting and creative way.

DAG Ventures and Kleiner Perkins Caufield & Byers made the investment. The company did not say how it would use the financing proceeds.

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