YouTube Founder Backs 'YouTube for Business' Startup

SoftTech and Andreessen Horowitz also invest


A new startup called Vidyard is banking on the hope that businesses and brands need an alternative to YouTube. Oddly, it looks like at least one of YouTube's founders agrees.

Jawed Karim (who founded the video supersite with Chad Hurley and Steven Chen in 2005) just participated in Vidyard's first round of funding. Other investors in the $1.75 million round include SoftTech VC, Y Combinator, SV Angel, Andreessen Horowitz, iNovia Capital, Gmail creator Paul Buchheit, and others.

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