Los Angeles – Chill (http://chill.com), the leading platform for social video discovery, today announced an $8 million equity investment led by Kleiner Perkins Caufield & Byers and William Morris Endeavor that will accelerate the development and distribution of its intelligent social video platform. After launching earlier this year, Chill has grown substantially to hosts over 18 million registered users and a thriving, active community of people sharing and watching online video. Users recognize Chill as a video destination site that allows them to effortlessly view socially recommended programming from quality content partners as well as directly share videos throughout their own social graph. With the incredible influx of original, new content and the adoption of online video viewing, Chill is well positioned to lead industry innovation towards the future of consumer entertainment. Participating partners in the round include Kleiner Perkins Caufield & Byers, William Morris Endeavor, Atlas Venture and Chris Sacca’s Lowercase Capital. They join existing investors including Troy Carter, 500
Startups, Science Media, Michael Arrington’s CrunchFund, Mike Jones and Redpoint Ventures.
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