Exclusive-Video-sharing website BitChute seeks to raise $10 million in new funding round

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Exclusive-Video-sharing website BitChute seeks to raise $10 million in new funding round
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NEW YORK : Video-sharing website BitChute is raising $10 million in Series A funding at a valuation of $750 million to $1 billion, according to one of its investors and a presentation seen by Reuters, as it seeks to add new features that allow live-streaming and the payment of content creators by users.Bi

NEW YORK : Video-sharing website BitChute is raising $10 million in Series A funding at a valuation of $750 million to $1 billion, according to one of its investors and a presentation seen by Reuters, as it seeks to add new features that allow live-streaming and the payment of content creators by users.

An August 2022 Reuters Special report found that BitChute's users post racist videos and comments inciting violence. "The way to deal with offensive speech is engage or ignore. We also welcome and challenge all of those who want to build a better internet to join BitChute by contributing to the ecosystem we will build of competitive content moderation so we collectively can empower users and not authoritarians," he said."We also respect the laws of all jurisdictions we operate in.

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