Digitalsmiths, a US-based video indexing and publishing technology provider, has raised $12.5m in its series C round from a consortium led by France-based technology company Technicolor.
Technicolor joins corporate peers Capitol Broadcasting and Cisco as an investor in Digitalsmiths, which is also backed by venture capital firms .406 Ventures, Aurora Funds and Chrysalis Ventures.
In November, Digitalsmiths bought Gotuit Media for an undisclosed sum having raised about $22m, according to news provider PEHub.
Digitalsmiths gained Cisco’s Media Solutions Group as an investor in January 2009 and $12m in its series B round in November 2008 from venture capital firms .406 Ventures, Chrysallis Ventures and Aurora Fund.