Video Ad Startup Virool Raises $6.62 Million

Virool, a year-old San Francisco-based video advertising startup, has closed on $6.62 million in funding from a long list of investors in what the company claims is the biggest seed round raised so far by a graduate of the the Y Combinator incubator program. (Virool came out of the program last summer.) The company’s institutional investors include Draper Fisher Juvetson and Menlo Ventures; individuals who contributed to the funding include Paul BuchheitDave McClure, and Yuri Milner.

FundersClub Online Platform Funds Five Companies

FundersClub said it completed investments in Coinbase, Sponsorfied and The investments, along with those in Virool and FundersClub itself, are the first made by the online marketplace that lets accredited investors become equity holders in managed venture capital funds . The companies are among the Y Combinator summer 2012 batch. Investments by the 5-month-old investment platform now total $1.3 million.

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