Internet TV startup Brightcove today announced that two major Internet players - AOL and Barry Diller's IAC/InterActiveCorp - have participated in a $16.2 million found of equity funding, and that
Diller has joined the company's board. In a related announcement, Brightcove said it has secured a distribution deal with AOL. Brightcove, which recently recruited some high-profile Madison Avenue
executives including former MediaVest new media guru Adam Gerber, previously said Publicis had taken a small equity stake in the company. -- Joe Mandese
