ffwd secured its Series A round of funding for $1.7 million from Draper Fisher Jurvetson in June 2007 and has recently kicked off its Series B effort.
Competitors
ChimeTV, ComsoTV, Dabble, Divvio, Google/YouTube, MeFeedia, Modern Feed, Quintura, Repliqa, Sidereel, StumbleUpon, Veoh, Verismo, Veveo, and Vodpod.
Product Description
For people who enjoy short-form digital entertainment and want unlimited choice and power over their experience, ffwd is your personal remote control for the interactive video web that makes navigating options as simple as channel surfing and more powerful than search. Freeing you from information overload of the web and one-size-fits-all approach of cable, ffwd offers a personalized adaptive lineup of channels organized by the entire web video audience and available from any web-enabled device.
Market Opportunity
Estimated $100-$300 million in 2-3 years; and over a billion after 5 years. Even if cable advertising shrinks by 90% and subscription revenue goes away, the remaining is $3 billion. If ffwd shares the market, that still leaves the company with $1 billion. (National Cable & Telecommunications Association http://www.ncta.com/Statistic/Statistic/Statistics.aspx)
DEMO Says
Great improvements in video search technology are helping viewers find video to watch; ffwd is making it more enjoyable to watch it. Leveraging adaptive algorithms that program content into a cohesive viewing experience and social graphs that bring viewers' interests together, ffwd connects viewers to online video through personalized adaptive channels from all over the web with the click of a button.