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Bip.tv Raises Another $6M

Blip.tv  has raised another $6 million in a Series D round of funding for the video blogging service, per an SEC filing. The Series D round could expand to as much as $11.1 million. This brings the total amount of funding for the six-year-old company to $24 million. Currently, Blip is being used by 2.1 million people globally each month and equates to 4.5 million visits monthly to the site, according to Quantcast. Blip has been working on becoming a destination site for video blogging and web series' but the big challenge is going head to head against YouTube.


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