Online video service Chill snags $8 million funding round

June 27, 2012

Do consumers want a more social side to video? Some $8 milllion to Chill, an online-only video service that works via Facebook, says they do. The cash comes from venture firm Kleiner Perkins Caufield & Byers, talent firm William Morris Endeavor, and others.

Chill allows people to watch videos and comment on them in groups, live. The cash should help it grow faster, while the relationship with William Morris, a new investor, should help it reel in more content partners, a spokesman said. Its current partners include celebrity-news service TMZ and TV show Jimmy Kimmel Live, it said.  About 18 million registered users have signed up with Chill, and around 10 million are regular visitors, the company said.
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