By Jack December 13, 1999 5:11 PM
Eveo Inc., a new digital entertainment company, announced this week that it had secured its first round of financing with investment from Media Technology Ventures.?Founder and CEO Olivier Zithoun, told EB Insider on Friday that Eveo's mission is to "empower people to express themselves through digital video".?Rather than acquiring content like other short film distribution companies, Eveo is looking to promote "self exploration through video" and become an incubator and aggregator of programming provided by people "sharing their experiences," according to Zithoun.?Early programming on the site will include subjects such as extreme sports, travel/adventure, documentary and fiction in the form of spoofs and comedy.?The company will house and distribute content from their site and is expecting to create revenue from a combination of sponsorship, syndication, ecommerce and subscription to premium services.?Eveo's partners include Razorfish, interVU, and encoding.com.?The full site is expected to launch in February.?