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"We were sent a tip earlier today saying that video sharing site DailyMotion might be headed for a \u20AC350 million acquisition.  While I'm very skeptical about that one (let us know if you have more info), my digging did deliver some other DailyMotion news: the video sharing site has raised $34 million in VC funding.  \nThe money comes from London-based Advent Venture Partners LLP and Paris-based AGF Private Equity.  That's on top of $9.5 million raised in October 2006 from Atlas Venture and Partech International.  \nThe company launched in 2005 and reports 37 million visitors a month, although it is frequently accused of aiding copyright infringement since clips are not limited to 10 minutes like on YouTube.  Earlier this year they signed a deal with Warner Music and signed up for Audible Magic's digital fingerprinting.  A US version launched last month."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2007/08/30/dailymotion-funded/>