French video-sharing company Kewego raises $6.9M
Kewego, a Paris-based video-sharing company, has raised a $6.9 million in a second round investment to help it expand internationally, according to PaidContent.
The company was formed last year from the merger of two French video-sharing sites.
Banxei Venture Partners, which earlier invested $6.3 million in a first round, was joined by CDC Enterprises, the French government’s EUR 150 investment fund.
Kewego operates video upload sites under its own name in 10 European countries. It also provides white-label sites for Orange, Lycos, French broadcaster M6 and T-Online.
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