France’s FSI Invests in YouTube Rival Dailymotion
Posted on 10/23/2009
France’s FSI strategic investment fund will take part in a 17 million euros capital raising for web video share site Dailymotion. The FSI will invest 7.5 million euros in the transaction, alongside Dailymotion’s existing shareholders Advent Venture Partners, AGF Private Equity, Atlas Venture et Partech International.