GodTube.com is a dynamic community of people who are looking to connect, share, and belong. In its simplest form, GodTube is a video-driven social network where users can explore their faith and the tenets of Christianity.
Our millions of users come back time and time again to find inspiration, ask questions, interact, chat, share, upload Christian videos, worship and more. Some of the content is fun, some of it is serious, and all of it is safe for the whole family. GodTube showcases religious content from many of the world’s leading Christian ministries and socially responsible faith-based organizations, including Spanish language and other international Christian ministries.
What’s more, they have recently received $30m funding from hedge fund GLG for further development and marketing. The Telegraph reports:
Leading hedge fund GLG has invested $30m in a Christian version of YouTube as part of a $150m fundraising.
The godtube websiteGLG, which is headquartered in London but listed on the New York Stock Exchange, injected the money in to GodTube, which claims to be one of the fastest growing Christian online video sharing and social networking sites.
The investment is understood to be part of the company’s first major fundraising round since the site launched last summer.
It is an interesting move for GLG, as the venture capital-style nature of this investment is something more associated with a private equity house rather than a hedge fund.
There is definitely a market for all kinds of online video, and for this type of content, so I hope GodTube continues to prosper…