Video Re-Mix Startup Coub Raises $2.5 Million From VC Fund Headed Up By VK.com Founders — techcrunch.com

There’s money in them loops — apparently. Coub, the Russian startup that lets you create and embed looped, 10-second video clips, has raised a new round of funding. Now seeing 50 million unique viewers per month (up from 8 million a year ago), the company has added $2.5 million to its coffers, courtesy of Vaizra Investments, the fund headed up Lev Leviev and Vyacheslav Mirilashvili, the co-founders of Russia’s Facebook competitor VK.com. It follows a previous $1 million funding round from local VCs Brothers Ventures and Phenomen Ventures.

Read More