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Metacafe is one of largest video-sharing sites on the web. Metacafe was founded in July 2003 by entrepreneurs Eyal Herzog, Arik Czerniak, and Ofer Adler. Since its founding, the company has earned about USD 20 million, mainly from venture capital funds Benchmark Capital and Accel Partners. Every month about 17 million users enter the site and watch more the 450 million video clips uploaded by the users themselves. The Tel Aviv-based company is considered a direct competitor of YouTube, which was sold to Google for USD 1.65 billion. Metacafe's site uses unique ranking system (VideoRank) that allows users to rank each video, prevents videos from being put up more than once, and blocks low quality videos. Web Owners of Metacafe is in advanced stages of negotiations for selling the company for estimated price USD 200 million.  

Exclusive: Metacafe to be sold for USD 200 million