Deal Announcements

SnagFilms Snags $10 Million More Venture Capital

Tuesday, January 18, 2011 5:33:00 AM PDT | VentureDeal Staff

   Washington, DC  --  Digital media company SnagFilms has raised $10 million in a new round of venture capital investment.

SnagFilms has created an online service that allows users to "snag a film and put it anywhere on the web."

Lead investors in the round were New Enterprise Associates and Comcast Interactive Capital. The company said it would use the financing proceeds for a variety of corporate purposes.

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