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MindBites Takes $1M For Instruction Videos

Austin-based MindBites said Friday morning that it has raised $1M for a web site focused on instruction videos. The firm said the investment came from True Ventures. Mindbites operates a web site which allows users to find "how to" videos, which are available for a fee ranging from $1.69 to $1.99. According to the firm, content includes such videos as "How to Sew a Pillowcase Dress," to "Replace the Motor in your Treadmill." MindBites said the site now features more than 200 lessons across Arts and Craft, Parenting, DIY, and Digital Media. More information »