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Visualnet.com Raises $1M For Film, TV Production Services Marketplace

Beverly Hills-based Visualnet.com, which operates an online marketplace for production services for the film, TV, and video production industry, said Thursday that it has raised $1M in a funding round. The company said the funding came from Kibo Ventures, which is backed by Telefonica. The company said the new round will go towards expanding its technology. Visualnet.com operates an online site where production managers and others can put out bids for everything from equipment rentals, to post production services. The startup is led by Enrique Irazoqui. More information »