Tribune Media Buys Video Search Engine CastTV

Jeudi, 16 Décembre 2010 20:27

Tribune Media Buys Video Search Engine CastTV

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Tribune Media, a unit of media conglomerate Tribune company, has acquired video search engine CastTV, according to a release issued today. Financial terms of the deal were not disclosed, but the acquisition includes all of CastTV’s technology, products, intellectual property and staff,

including co-founders Edwin Ong and Alex Vikati, who founded the San Francisco-based company together in 2006.

CastTV, which launched at TechCrunch40 in 2007, as a comprehensive video search engine.

CastTV’s search technology aggregates, indexes and presents data on millions of TV shows, movies, music videos, news and sports clips, and viral videos from more than 1,000 web-video sources.

It looks like Tribune will be using CastTV’s indexing technology across its media properties, and will also continue to operate CastTV’s consumer-facing site.

CastTV has raised $3.1 million in funding from Ron Conway, Draper Fisher Jurvetson, and Marc Andreessen.

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