Whipclip: A better (more legal) Redlasso?

Tom Paine

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Remember Redlasso?

It was the Malvern-based video-clipping site that let you pull a video clip from anywhere you wanted to on TV (actually from Redlasso servers). In fact, the site is still live, though its last clip is from 2013.

The only problem is that it was doing something it didn't have the right to do, although it made the claim it was permissible under fair use. It shut down in response to
a lawsuit by Fox and NBC in 2008. A year later it reached an agreement with Fox to enable users to get clips of local Fox outlets' news broadcasts, but that apparently didn't go too far. It also raised another $2 million in investments in 2009, but I have no idea what happened to it after that. Investors included local real estate executive Daniel Keating III, Guggenheim Venture Partners, Osage Ventures and Anthem Capital.

But now, Demand Media founder Richard Rosenblatt has found a legal way to do it, through a series of negotiated deals with media companies. The service, LA-based Whipclip, went live in private beta yesterday, Re/code reports. He raised a reported $20 million, from ventures firms and entertainment figures, and Whipclip's valuation is said to be around $100 million. Its not initially a consumer app, but WhipClip hopes to become one.

Update: In another case, a judge recently ruled that TV clipping could be considered "fair use" in a limited sense.

Mobile payment app Nooch, incubated at Drexel, launched; Available from App Store

Tom Paine

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Nooch, a Venmo-like social mobile payment app, is now available for free in the App Store.

Nooch was incubated at Drexel's Baiada Institute. It won first place in the Baiada Institute's 2012 Incubator Competition. Nooch’s founders are group of Duke and Drexel alums & students led by Cliff Canan, a Duke grad.

Canan told me by email: "We completed a pilot last year and launched our app publicly last month (for iPhones, Android next year in the spring). So we're just beginning our marketing efforts, and focusing on the Philly region and college students in particular."

You need a reference code to sign up. Use "PAYME", or "PTNEWS".

Links 12/4/2014: Uber raises at least $1.2 billion at $41 billion valuation; More on Zonoff's round

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SHaaS Provider Zonoff Raises $31.8M; Hires Staples Home Automation Exec (CE Pro)

SAP Completes Acquisition of Concur (PR Newswire)


Comcast publicly doubts its own claim that merger won’t reduce competition (Ars Technica)


Coalition Opposes Comcast-Time Warner Cable Merger (New York Times)

U.S. FCC restarts clock on Comcast-TWC, AT&T-DirecTV mergers (Reuters)

Uber Announces $1.2 Billion Raise to Focus on Asia Pacific (Re/code)

Uber Valued at $40 Billion in $1.2 Billion Equity Funding (Bloomberg)


THE RIDE AHEAD (TRAVIS KALANICK/Uber Blog)


Online lender On Deck to be valued at up to $1.19 bln in IPO (Reuters)
First Round Capital was an early investor, and SAP Ventures (now Sapphire) joined in later rounds.


AWS Unveils Simplified, Flexible Pricing for Cloud Services (Spend Matters)

Veeva Systems Opens New Data Centres in Europe to Support Global Growth (PR Newswire)


SAP has a magic technology to improve enterprise integration (Oleg Shilovitsky/Beyond PLM)

Google Gets Serious About Channel, Launches Partner Program For Enterprise Apps (CRN)


ICD-10 Delay Again? Don't Do It (Information Week)