About Next New Networks
Next New Networks is a Media & Entertainment company based in New York (United States) founded in 2006, and was acquired by YouTube in March 2011. Internet-based micro television networks are provided for niche communities. Next New Networks has raised $46.42 million across 6 funding rounds from investors including YouTube, Goldman Sachs and Spark Capital. Its focus areas include Film & TV Studios.
Company details
Next New Networks is an internet based micro television networks for targeted niche communities. The concept brings together elements of traditional TV networks with Internet functionality that invites viewers to contribute, share and distribute content. Next New Networks is the leading provider of original, episodic series programming for the Internet. Founded in 2006 amp; based out of NYC. Raised a debt round of 1M in Dec 2010. Acquired by Youtube in March 2011.
- Headquarters New York, United States
- Stage Acquired
- SectorsMedia & Entertainment
- Website nextnewnetworks.com
- Social LinkedIn X Facebook
- Acquired by YouTube (Mar 2011)
Funding Insights of Next New Networks
Next New Networks has successfully raised a total of $46.42M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $19.35 million completed in February 2011. 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 $46.42M
- Total Rounds 6
- Last Round Series C — $19.35M
- First Round $8M
(Jan 2007)
- Investors Count 4
All 6 funding rounds of Next New Networks 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 |
|---|---|---|---|---|---|
| Feb 2011 | $19.35M | Series C | – | – | – |
| Dec 2010 | $1M | Debt – Conventional | – | – | – |
| Dec 2010 | $1M | Series B | – | – | – |
| Mar 2010 | $3.06M | Series B | – | – | – |
| Mar 2008 | $15M | Series B | – | – | |
| Jan 2007 | $8M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Next New Networks
Next New Networks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include YouTube, Goldman Sachs and Spark Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Venture capital investments are directed toward US, India, and China. | fusecapital.com | Menlo Park, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Business potential is identified and optimized by The Pilot Group. | thepilotgroup.us | Chicago, United States | ||
User-generated videos and content are shared and streamed online. | 2005 | youtube.com | San Bruno, United States |
Investor details for Next New Networks
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 Next New Networks
4 dated milestones of Next New Networks across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Next New Networks is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series C, of $19.4M.
- Exit Acquired by YouTube.
Web traffic of Next New Networks
Websites that share an audience with Next New Networks (nextnewnetworks.com).
Websites whose visitors overlap most with Next New Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| twitter.com | 100% | View details | |||
| revision3.com | 100% | View details | |||
blip.tv | blip.tv | 100% | #10,747,033 | – | |
indymogul.com | indymogul.com | 96% | – | ||
barelydigital.com | barelydigital.com | 69% | – |
Top companies in Film & TV Production
3 companies that operate in the same segment as Next New Networks (Film & TV Production) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Media and entertainment operations are conducted through diverse global divisions. | 1923 | United States | USD 94.17 B | 233,000 | ||
Provider of multi-channel TV network, producer & distributor of films and TV programs | 1997 | Santa Monica, California, United States | USD 4.02 B | 870 | ||
Films and TV programs are produced and distributed by Paramount. | 1912 | Los Angeles, California, United States | USD 2.7 B | USD 28.89 B | 22,100 |
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Frequently Asked Questions about Next New Networks
Next New Networks was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Next New Networks is headquartered in New York, United States. It is registered at New York, New York, United States.
Next New Networks is a funded company, having raised a total of $46.42M across 6 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jan 2007.
Next New Networks is an internet based micro television networks for targeted niche communities. The concept brings together elements of traditional TV networks with Internet functionality that invites viewers to contribute, share and distribute content. Next New Networks is the leading provider of original, episodic series programming for the Internet. Founded in 2006 amp; based out of NYC. Raised a debt round of 1M in Dec 2010. Acquired by Youtube in March 2011.
Next New Networks has 5 investors. Key investors include YouTube, Goldman Sachs, Spark Capital, The Pilot Group, and Big Brothers Big Sisters of the Laurel Region.
Yes. Next New Networks was acquired by YouTube in March 2011.