Kleiner, Sequoia go podcasting…with Podshow

August 10, 2005 | Matt Marshall | Comments | |

podshow.gifDan Primack has the details on the funding of Podshow. It is not a local company, but is the latest venture backed by Silicon Valley powerhouse venture firms, Kleiner Perkins and Sequoia Capital.

…it’s worth noting that the iconic venture shops have participated in an $8.85 million Series A round for PodShow Inc., according to a regulatory filing. For an added bonus, both John Doerr and Ray Lane have taken board seats, joining both Jerry Newman of Bear Stearns and omnipresent angel investor Ram Shriram (Google, Plaxo, Zazzle, etc.), who is representing shareholder Harris MyCFO Inc.

PodShow is a Miami Beach-based company focused on the development, management and promotion of online audio programming, with an obvious focus on the podcasting phenomenon. It….was launched last year by Ron Bloom and “The Podfather” Adam Curry (who was the MTV VJ with whom I grew up).

We last mentioned PodShow here.

Update: And local competitor Ev Williams annnounces his company, Odeo, has received Silicon Valley venture backing too.

Next Story: And Odeo gets funded, too
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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.

  • i must be the only moron on the planet who does not believe the hype.
  • Someone
    Nope. Not the only one... but it does seem like a small group.
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  • Jack
    Radio ads have always been very effective. They'll sell ads on the podcast broadcasts. It's a sound business model.
  • interesting. Sequoia and KP rarely go in together on a deal (wasn't Google the last exception?). hype factor on podcasting must be pretty high... emphasis on 'high' ;)
  • hi