About 56 Video
56 Video is a company based in Guangzhou (China) founded in 2005 was acquired by Renren in September 2011. It operates as a Advertising Model and Freemium. 56 Video has raised $30 million across 2 funding rounds from investors including Adobe, Renren and Hikari Tsushin. 56 Video offers products and services including Video Streaming Platform and User-Generated Content. 56 Video operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others.
Products & Services of 56 Video
56 Video offers a comprehensive portfolio of products and services, including Video Streaming Platform and User-Generated Content.
A platform for streaming diverse video content.
Content created and shared by platform users.
Funding Insights of 56 Video
56 Video has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $10M
(Feb 2007)
- Investors Count 6
All 2 funding rounds of 56 Video with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2007 | $20M | Series B | – | Hikari Tsushin, Sequoia Capital | |
| Feb 2007 | $10M | Series A | – | Steamboat Ventures, SIG China | – |
7 investors in total: 7 institutional.
Investors in 56 Video
56 Video has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Adobe, Renren and Hikari Tsushin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Early-stage venture capital is invested in US and China. | – | steamboatvc.com | Glendale, United States | |
- | – | cidgroup.com | - | |
Tech companies in China are invested in by SIG China. | – | sig-china.com | Shanghai, China | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | adobe.com | San Jose, United States | |
Multiple industries are operated in by the diversified conglomerate. | 1988 | hikari.co.jp | Toshima City, Japan | |
Online social networking is enabled via communication and media sharing. | 2005 | renren.com | Haidian, China |
Investor details for 56 Video
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of 56 Video
4 dated milestones of 56 Video across 6 years, from founding to its latest funding, stage changes and deals.
- Founded 56 Video is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $20.0M.
- Exit Acquired by Renren.
Competitors of 56 Video
56 Video operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kuaishou.com | 2011 | Haidian, China | $4.79B | 8,000 | Social platform for sharing short videos | |
| youtube.com | 2005 | San Bruno, United States | $11.5M | – | User-generated videos and content are shared and streamed online. | |
| dailymotion.com | 2005 | Paris, France | $148.4M | – | Web and mobile video sharing and streaming platform | |
| verse.in | 2007 | Bengaluru, India | $2.02B | 669 | Developer of a short-video platform and technology infrastructure | |
| triller.co | 2015 | Los Angeles, United States | $237.5M | 86 | Music videos are created and shared through a mobile platform. | |
| bigo.sg | 2014 | Singapore | $272M | – | Video-based social media platform and related services provider | |
| vidio.com | 2014 | Jakarta, Indonesia | $195M | – | Videos are shared, viewed, and streamed on a social platform. | |
| chingari.io | 2018 | Bengaluru, India | $61.55M | 68 | Social media platform that helps users to create and monetize short-form video content | |
| myjosh.in | 2016 | Bengaluru, India | – | 283 | Short videos are shared on a social platform by users. | |
| tiktok.com | 2016 | Los Angeles, United States | – | 5 | Short videos are shared via a mobile social networking platform. |
Detailed competitors of 56 Video
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of 56 Video
The website of 56 Video (56.com) receives about 1.1M visits a month and ranks #65,729 among all websites worldwide, #4,906 in TV Movies and Streaming.
- Monthly visits1.1M
▲ 17.8% vs previous month
- Unique visitors588.3K
per month
- Global rank#65,729
among all websites
- Category rank#4,906
Arts and Entertainment · TV Movies and Streaming
- Bounce rate50%
- Pages per visit1.8
- Average visit41 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with 56 Video. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tudou.com | 100% | 457.2K | #115,373 | View details | |
joy.cn | joy.cn | 99% | – | – | – |
| youtube.com | 96% | 30.4B | #2 | View details | |
movie.douban.com | movie.douban.com | 91% | – | #1,452 | – |
| youku.com | 88% | 22.1M | #2,460 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for 56 Video
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to 56 Video
10 companies that operate in the same segment as 56 Video (Social Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social platform for sharing short videos | 2011 | Haidian, Beijing, China | USD 4.79 B | USD 17.72 B | 24,720 | |
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 2.27 B | – | – | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
User-generated videos and content are shared and streamed online. | 2005 | San Bruno, California, United States | USD 11.5 M | – | – | |
New people are connected via a GPS-enabled social platform. | 2005 | New Hope, United States | USD 37.9 M | – | – | |
Micro-blogging platform for real-time updates and multimedia sharing is operated. | 2009 | Beijing, China | USD 586 M | – | – | |
Provider of DNA testing services to create a family tree and ancestor | 2003 | Yehud, Central District, Israel | USD 40 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Professional networking, job recruitment, and career tools are provided. | 2003 | Sunnyvale, California, United States | USD 144.41 M | – | – |
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Frequently Asked Questions about 56 Video
56 Video was founded in 2005 and raised its 1st funding round 2 years after it was founded.
56 Video is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
56 Video is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Feb 2007.
A comprehensive video streaming service is offered by 56 Video, focusing on diverse content including movies, TV dramas, variety shows, and user-generated videos. Various sectors such as entertainment, education, and lifestyle are covered. Solutions for content creators and viewers are provided through accessible digital media platforms in China.
56 Video's top competitors include Kuaishou Technology, YouTube and Dailymotion.
56 Video offers Video Streaming Platform and User-Generated Content.
56 Video has 7 investors. Key investors include Adobe, Renren, Hikari Tsushin, Sequoia Capital, and Steamboat Ventures.
Yes. 56 Video was acquired by Renren in September 2011.
The website of 56 Video receives about 1.1 million visits a month and ranks #65,729 among all websites worldwide.