The "how-to" video Web site 5min has received series A financing from Spark Capital. The instructional video site, which encourages people to share their expertise in various categories, has also
completed its move from Israel to New York City. The company's strategy is to generate the high video CPMs with its growing cache of how-to content. One of its plans for the near future includes
partnering with Encyclopedia Britannica to roll out their content to online users.
--Gavin O'Malley