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Tuesday, June 12, 2007

PodZinger, now EveryZing, lands $10M in second round

One day after changing its name from PodZinger to EveryZing, the Cambridge-based spinout of BBN Technologies reports it has closed on a $10 million, Series B financing.

Company executives say Fairhaven Capital led the round, with Accel and General Catalyst also participating.

EveryZing reports it plans to use the investment to bolster its growth plans. EveryZing is a media merchandising platform designed to help content producers and web publishers make consumable online multimedia content searchable.

In August 2006, the company then known as PodZinger pulled in $5 million in funding from its parent, BBN Technologies. The company spun out of BBN in March 2006.

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