French video site Dailymotion has announced a new round of funding, which CEO Cedric Tournay says “strengthens our balance sheet and allows us to fund our growth”. This, despite the fact that the company claims it is operationally profitable, with advertising sales outweighing bandwidth costs. The site has 60 million monthly unique visitors, but has been slow to capitalise financially.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…