New York-based online television network blip.tv has closed its second round of institutional capital, led by Bain Capital Ventures . The company had previously closed a round of funding (June 2007) with Ambient Sound Investments, the venture capital vehicle of the foursome that made up Skype's founding engineering team. On both occasions, we tried to obtain more information on the amount of investment, but the company is not disclosing how big the its war chest currently is. Blip.tv was founded in May of 2005 and has grown to serving more than 51 million video views in September 2008, which would represent a 250% increase compared to September 2007. The company now distributes more than 37,000 actively updated Web shows, which release an average of three new episodes per month.