Short Take: Reel.com gets $10.5 million VC investment

Video e-commerce company Reel.com has completed a second round of venture funding worth $10.5 million. Investors include private investment bank Allen & Company, Intel, Paul Allen's Vulcan Ventures, CMG@Ventures, and Scott Beck, former CEO of Boston Market and vice chairman of Blockbuster Entertainment. (Intel and Allen are investors in CNET: The Computer Network.)

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

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Dawn Kawamoto

June 15, 1998 6:30 p.m. PT

Video e-commerce company has completed a second round of venture funding worth $10.5 million. Investors include private investment bank Allen & Company, Intel, Paul Allen's Vulcan Ventures, CMG@Ventures, and Scott Beck, former CEO of Boston Market and vice chairman of Blockbuster Entertainment. (Intel and Allen are investors in CNET: The Computer Network.)