Image via CrunchBase
Blip.tv has a new logo and is now called just Blip. In the midst of a transformation, the NY video site is working to create better analytics for their video producers, all with founder Mike Hudack leaving and the company searching for a new CEO. Blip also recently added a $6 million credit facility from Silicon Valley Bank, coming right after the company raised a $6 million C round from its main investors in December.
Steve Brookstein, COO, told TechCrunch that the company’s 2011 revenue was $10 million, essentially doubled from the previous year. They expect to come close to doubling revenue this year and hope to attain profitability by 2013.
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