YesVideo Snags $5 Million in Funding, New CEO and CTO
Video digitization start-up YesVideo announced Thursday that it received a $5 million investment from Greystripe ad network founders Michael Chang and Andy Choi, both of whom have recently joined the company, as CEO and CTO, respectively. YesVideo helps consumers transfer older media, like VHS and Hi-8, to new media like DVDs and the cloud. The company will use the capital injection to broaden brand reach with retailers, as well as to work on new products.
