Eyespot Raises $3.7M

San Diego-based Eyespot has closed a Series A round of funding. The firm said Wednesday that the funding came from Gabriel Venture Partners, Express Ventures, and executives from and DivX. Eyespot is developing online video editing and video mashup applications in the Web 2.0 space. Tim Chang of Gabriel Venture Partners is joining the company's board as part of the investment. Eyespot previously received a seed round of funding from's Michael Robertson. More information »