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06-19-2014, 11:12 PM
Upfront Ventures Looks for Next Maker Studios in Lati** YouTube Network
http://rack.1.mshcdn.com/media/ZgkyMDE0LzA2LzE5L2ZhL3l0LjAyZmYzLmpwZwpwCXRodW1iCT U3NXgzMjMjCmUJanBn/d1a255bb/8c7/yt.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Upfront+Ventures+Looks+for+Next+Maker+Studios +in+Lati**+YouTube+Network&src=http%3A%2F%2Fmashable.com%2F2014%2F06%2F19%2Fu pfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F06 %2F19%2Fupfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Upfront Ventures, the first investor in Marker Studios, is taking a**ther stake in a YouTube network startup.
The VC firm has led a $10 million round for MiTú (http://mituinc.com/), a popular YouTube network focused focused on Lati** audiences. MiTú's has more than 40 million combined subscribers across its channels and logs over 400 million monthly views, according to the company's press release
See also: Top 10 YouTube Beauty Channels to Follow (http://mashable.com/2012/02/12/youtube-beauty/?utm_medium=feed&utm_source=rss)
The news was first reported by Re/code (http://recode.net/2014/06/19/more-money-for-mitu-the-youtube-network-for-lati**s-raises-10-million/). MiTú raised $3 million in 2012 in a round lead by the Chernin Group.
Recent major acquisitions of YouTube networks — Disney's acquisition of Maker Studios (http://mashable.com/2014/03/24/disney-youtube-network-maker-studios-for-500-million/?utm_medium=feed&utm_source=rss) and DreamWorks buying AwesomenessTV (http://www.deadline.com/2013/05/dreamworks-animation-agrees-to-pay-33m-for-awesomenesstv/) — have made the once-maligned online video production industry a hot commodity. Read more... (http://mashable.com/2014/06/19/upfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Youtube (http://mashable.com/category/youtube/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Media (http://mashable.com/media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Youtube Networks (http://mashable.com/category/youtube-networks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Upfront Ventures (http://mashable.com/category/upfront-ventures/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1403204830 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1403204830)http://feeds.feedburner.com/~r/Mashable/~4/QBRUkjykNQg
http://rack.1.mshcdn.com/media/ZgkyMDE0LzA2LzE5L2ZhL3l0LjAyZmYzLmpwZwpwCXRodW1iCT U3NXgzMjMjCmUJanBn/d1a255bb/8c7/yt.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Upfront+Ventures+Looks+for+Next+Maker+Studios +in+Lati**+YouTube+Network&src=http%3A%2F%2Fmashable.com%2F2014%2F06%2F19%2Fu pfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F06 %2F19%2Fupfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Upfront Ventures, the first investor in Marker Studios, is taking a**ther stake in a YouTube network startup.
The VC firm has led a $10 million round for MiTú (http://mituinc.com/), a popular YouTube network focused focused on Lati** audiences. MiTú's has more than 40 million combined subscribers across its channels and logs over 400 million monthly views, according to the company's press release
See also: Top 10 YouTube Beauty Channels to Follow (http://mashable.com/2012/02/12/youtube-beauty/?utm_medium=feed&utm_source=rss)
The news was first reported by Re/code (http://recode.net/2014/06/19/more-money-for-mitu-the-youtube-network-for-lati**s-raises-10-million/). MiTú raised $3 million in 2012 in a round lead by the Chernin Group.
Recent major acquisitions of YouTube networks — Disney's acquisition of Maker Studios (http://mashable.com/2014/03/24/disney-youtube-network-maker-studios-for-500-million/?utm_medium=feed&utm_source=rss) and DreamWorks buying AwesomenessTV (http://www.deadline.com/2013/05/dreamworks-animation-agrees-to-pay-33m-for-awesomenesstv/) — have made the once-maligned online video production industry a hot commodity. Read more... (http://mashable.com/2014/06/19/upfront-ventures-looks-for-next-maker-studios-in-lati**-youtube-network/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Youtube (http://mashable.com/category/youtube/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Media (http://mashable.com/media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Youtube Networks (http://mashable.com/category/youtube-networks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Upfront Ventures (http://mashable.com/category/upfront-ventures/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1403204830 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1403204830)http://feeds.feedburner.com/~r/Mashable/~4/QBRUkjykNQg