2012-09-06
Reston-based stock video company VideoBlocks.com has received a $10.5 million investment from D.C.-based Updata Partners and Alexandria-based QED Investors.
VideoBlocks.com says it will use the cash infusion to aggressively acquire more content, with plans to double its library by the end of the year.
VideoBlocks charges subscribers a monthly fee for unlimited use of royalty-free stock video, audio, music and motion backgrounds. Unlike other royalty-free stock media companies, there are no limitations…