Vessel Raises Another Big Round to Help Fund Its Fight With YouTube

Vessel has raised close to $58 million in a new round led by Institutional Venture Partners; the funding comes less than a year after Vessel raised $77 million from Greylock Partners, Benchmark and Jeff Bezos, all of whom re-upped for this round. […] There’s a lot of skepticism in the industry about Vessel’s model, but a lot of interest, too. At a minimum, today’s money means the experiment will continue for that much longer. – Peter Kafka, Re/code