Posted:
Greetings, everyone! We've spent the last few weeks enhancing some of our existing features and adding new things that you, our users, have requested. So, please keep your comments and suggestions coming! We depend on you all to help keep YouTube the best video website on the web.




  • Feature This!

    We want you to have a voice in what videos get featured on our home page. Whenever you see an entertaining, creative or funny video that you think other users would like to see as well, flag it 'Feature This!' and we'll review it for consideration in 'Today's Featured Videos'.




  • More Playlists Features

    It's now easier then ever to organize and share your playlists! All of your videos and your favorites are now automatically imported into your Playlist Manager, so that you can easily copy these videos into the new playlists that you create. Did you put together an awesome collection of videos that you want to share with your family and friends? No problem! Just send them the URL that's now conveniently displayed for each one of your playlists.




  • Threaded Comments (suggested by dearcrissy)

    Have you ever tried to respond to someone's comment on a video? Gets a little confusing trying to figure out who is replying to whom, doesn't it? With threaded comments, you can now respond directly to another user's comment -- and not only that, but you'll also get notified anytime someone replies to your comment.




  • Required Tags

    You've just uploaded a video of your dog. You put "chihuahua" and "dog" in the tags field, but you're at a loss for that third tag to describe your video. We've heard your cries, and decreased the number of required tags from three to one.




  • Most Viewed Videos

    We've updated Most Viewed to insure that you're always getting the most up to date videos. Whether you're watching most viewed today, this week, or this month you'll be watching the most viewed videos that were uploaded within that time period. For example, most viewed today will be the videos with the most views that were uploaded within the past 24 hours.



Posted:

MENLO PARK, Calif. - November 7, 2005 - YouTube, a consumer media company for people to watch and share original videos through a Web experience, today announced it has completed a $3.5M round of private equity funding from Sequoia Capital. YouTube, founded by Internet commerce pioneers from PayPal, has developed a new service that allows people to easily upload, tag, and share personal video clips through www.YouTube.com and across the Internet on other sites, blogs and through e-mail. The service also allows users to create their own personal video network.



This investment will be used to accelerate the company's rapid growth, enhance product development and expand sales and marketing efforts.



"With more and more people carrying around devices that capture video-from digital cameras to cell phones-YouTube is set to become an essential destination for watching and sharing these experiences," said Chad Hurley, CEO and co-founder of YouTube. "We are very pleased by the support of Sequoia Capital. Since our public preview, we are already moving 8 terabytes of data per day through the YouTube community - the equivalent of moving one Blockbuster store a day over the Internet."



Prior to YouTube, it was not easy for people to make video available on the Web. The burden was on the user to support all the media players and the 100s of multimedia formats. YouTube is using its advanced technology infrastructure so consumers can broadcast their videos globally in a fast, fun and easy way.



"We are very excited to be involved with YouTube at a time when consumers are poised to benefit from all the consumer electronics available. The demand for user-generated content continues to grow exponentially," said Roelof Botha, Sequoia Capital partner and former CFO of PayPal. "We've already seen user-generated content blossom in text through blogging, in photographs through services like Flickr and Shutterfly, and in audio through podcasting. YouTube is pioneering the next wave to become Internet's premier video service."



About YouTube



Founded in February 2005, YouTube is a consumer media company for people to watch and share original videos worldwide through a Web experience. Founded by early commerce pioneers of PayPal, YouTube allows people to easily upload, tag, and share personal video clips through www.YouTube.com and across the Internet on other sites, blogs and through e-mail, as well as to create their own personal video network. With investment support from Sequoia Capital, YouTube is set to become the Internet's premier video service.



About Sequoia Capital



Since 1972, Sequoia Capital has provided startup venture capital for very smart people who want to turn ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs", Sequoia Capital's Partners have worked with innovators such as Sandy Lerner and Len Bozack of Cisco Systems, Jerry Yang and David Filo of Yahoo!, Gaurav Garg of Redback Networks, Larry Page and Sergey Brin of Google, Dan Warmenhoven of Network Appliance, T.J. Rodgers of Cypress Semiconductor, Lou Tomasetta of Vitesse Semiconductor, Steve Jobs of Apple Computer and Larry Ellison of Oracle. The companies organized by Sequoia Capital now account for about 10% of the value of NASDAQ. To learn more about Sequoia Capital visit www.sequoiacap.com.



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