VideoSurf, a start-up based in San Mateo, California, raised $16 million in Series C financing for its video discovery technology.
VideoSurf holds a patent for a technology that analyzes all frames within a video to visually identify prominent objects at a speed not previously possible. This analysis occurs 10 times faster than the speed of video playback and enables VideoSurf to know more about the video content. The company said it now has over 20 million unique users per month searching for video content.
The new funding came from Pitango Venture Capital. http://www.videosurf.com
