Brightcove's quarter-billion valuation

Brightcove, a privately-held Internet TV company, announced Wednesday that it raised $59 million in a series C round.

For those funds, the Cambridge, Mass.-based company received a $220 million post-money valuation, according to a person close to the situation.

For more, go to my MarketWatch blog and read prior column on Brightcove - Net Sense on MarketWatch

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