Revision3, an online video site, has raised $8 million in its second round of financing, reports TechCrunch. The round was led by Greylock, the primary investor in its $1 million first round.
With exclusive rights to 10 shows and a revenue generation model of integrated advertising, alongside offerings like Diggnation, which continues to be the largest and most popular of such destinations, according to TechCrunch.
Rumor has it the company is also seeking a new CEO, but Revision3 is mum on the matter.
Digg also received financing assistance from Greylock.