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	<title>WebProNews &#187; StreetFire</title>
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		<title>Investors Toss Money At Automotive StreetFire</title>
		<link>http://www.webpronews.com/investors-toss-money-at-automotive-streetfire-2007-09</link>
		<comments>http://www.webpronews.com/investors-toss-money-at-automotive-streetfire-2007-09#comments</comments>
		<pubDate>Wed, 19 Sep 2007 22:06:13 +0000</pubDate>
		<dc:creator>Doug Caverly</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[online video]]></category>
		<category><![CDATA[StreetFire]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=40535</guid>
		<description><![CDATA[<p>In the world of video-sharing sites, we see competitor after competitor that is, when you get right down to it, &#8220;not YouTube.&#8221;&#160; But for car people, there&#8217;s something that&#8217;s even better, and it just received $6.1 million in funding.<br />
<br />
]]></description>
			<content:encoded><![CDATA[<p>In the world of video-sharing sites, we see competitor after competitor that is, when you get right down to it, &ldquo;not YouTube.&rdquo;&nbsp; But for car people, there&rsquo;s something that&rsquo;s even better, and it just received $6.1 million in funding.</p>
<p><span id="more-40535"></span> StreetFire.net only has six employees, but an &ldquo;<a title="StreetFire's &quot;About Us&quot; Section" href="http://www.streetfire.net/about.htm">About Us</a>&rdquo; section reveals that StreetFire also &ldquo;streams nearly 2 million videos a day to 4 million car enthusiasts a month.&rdquo;&nbsp; That&rsquo;s quite impressive (and I assure you that StreetFire&rsquo;s video archives are generally full of cool supercars, not neon Civics).</p>
<p>Moreover, it&rsquo;s not like StreetFire was suffering before this new money came along; in an interview with <a title="&quot;StreetFire.net Shifts Into Gear&quot;" href="http://newteevee.com/2007/09/18/streetfirenet-shifts-into-gear/">NewTeeVee</a>, Chris Jones, the company&rsquo;s vice president of business development, said it was likely to receive over $1 million in ad revenues during 2007.</p>
<p>Which could leave onlookers wondering about the point of the funding round.&nbsp; StreetFire&rsquo;s not really saying, but look for continued growth, new features, and fresh partners &#8211; all the standard stuff, in other words.&nbsp; Unfortunately, I don&rsquo;t believe the site intends to reward users with free Ferraris.</p>
<p>Still, StreetFire has demonstrated an ability to succeed in one corner of the online video market, and it deserves some applause.&nbsp; So, for that matter, does this video of an <a title="Aston Martin DBS Video" href="http://videos.streetfire.net/video/7d93805a-7c87-4a39-9491-999701098cab.htm">Aston Martin DBS</a>.</p></p>
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