White-label online video service provider Fliqz has closed a third round of funding worth $6 million. Triangle Peak Partners led the round, with participation from previous investor Mohr Davido
Ventures.
Since launching in 2006, Emeryville, Calif.-based Fliqz has raised $12 million. Fliqz executives say the new money will be used to expand the company's sales team, and
establish an international presence.
While the company's core business was once consumer-facing video sharing and storage, Fliqz has shifted to b-to-b model by targeting mid-sized companies in
need of online video services. Over 35,000 publishers now use Fliqz's video platform, according to the company.--Gavin O'Malley