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Former Movieclips.com Raises $18.5 Mil.

Film clip aggregator Movieclips.com has raised $18.5 million in a third funding round led by U.S. Venture Partners. The start-up is changing its name to Zefr, and adding sports, television and music videos to its content network. Whatever its name, the company already raised $10 million from lead venture firms, Shasta Ventures, MK Capital and First Round Capital, for its curation efforts. “The company said it now has 600 million monthly views, 25,000 movie clips and three billion total lifetime views on YouTube,” reports AllThingsD.
 

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