COLOGNE, Germany – BuzzFeed is quickly growing its video audience to some 400 million monthly views says Jonah Peretti, founder and CEO in this interview with Beet.TV. It has build a substantial Hollywood production center with over 100 employees and will be expanding the scope of its video offering. This will be accelerated by a new round of $50 million in venture funding, he explains.

We spoke with Peretti yesterday in Cologne at the DMEXCO conference where he have the closing keynote address.

This video is part of series of videos covering DMEXCO. Please find all of our coverage of the show right here. Beet.TV’s coverage of DMEXCO is sponsored by Videology.

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