Jeff tipped me off that DVD rental kiosk company DVDPlay has raised an additional $20 million:
DVDPlay(TM), the leading US manufacturer and operator of DVD rental kiosks, announced today that it raised over $20 million in new equity financing. El Dorado Ventures, Emergence Capital Partners, Palo Alto Venture Partners and Vanguard Ventures participated equally in the funding. To date, DVDPlay has raised nearly $40 million in equity financing. The new financing will be used to fund DVDPlay's national roll-out of their DVD rental kiosks. In addition, DVDPlay has secured a similar amount of lease financing commitments to support their installations through 2007.
It's interesting to note that DVDPlay and Netflix are both located in Los Gatos, California.
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