Friday, December 21, 2007

Livestreaming Rakes in Big VC Bucks

It was a big Money week for Livestreaming companies. Blogger Robert Scoble gushed on his blog yesterday, "it's amazing how much money is flowing in right now..."

Indeed, Kyte TV (a mobile streaming outfit) announced today it has raised $15m. Earlier this wk, UStream announced that it has raised $2m. And, last but not least, Mogulus has finalized its $1.2m in financing. Not bad for a NY based startup that just launched its Mogulus TV ( a little over a month ago.

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