TOP NEWS Raises Series A, Launches How-To Video Site

Santa Monica-based said Wednesday that it has closed a Series A investment led by General Catalyst Partners. Financial terms of the funding were not disclosed. The firm also said it has launched a new, How-To video site which features a video guide and index of web instructional videos. The firm is headed by Stephen Chao, who has served as both president of Fox Television and USA Cable. also said it has teamed with Scripps Networks, which will handle advertising sales for the site.