TurnHere Raises $7.5 Million

TurnHere Inc., an Emeryville, Calif.-based provider of an online video platform, has raised $7.5 million in first-round funding from Venrock and Hearst Interactive Media. Cascadia Capital advised TurnHere on the deal.

PRESS RELEASE
TurnHere, Inc., the leading online video solutions platform, today announced that it has secured $7.5M in funding from Venrock and Hearst Interactive Media, a division of the Hearst Corporation. The funding will enable the development of new, innovative online video products and services for TurnHere customers, as well as enhanced tools for the growth and expansion of the TurnHere filmmaker network and in-house production team.

“TurnHere is an Internet video pioneer, developing a unique style and approach. The company has transformed online video advertising, producing high-quality online video that is affordable for companies of all sizes