Roundup: Kyte gets more, Microsoft’s ad deal, NetSuite’s golden IPO, more
Here’s the latest (updated) action:
1) Kyte.tv raises $15 million
2) Electric Sheep Company lays off 22
3) FCC receives 700MHz auction applications
4) Microsoft signs $500M ad deal
5) GPS devices fly off the shelves
6) Netsuite sets high price for planned IPO
7) Eric Eldon, celebrity at large?
Kyte.tv raises $15M second round — An online startup that offers a video player allowing near-live communications by video, photo and chat, Kyte has picked up some steam online, attracting a decent-sized audience… Continue Reading
Kyte.tv raises single-digit millions for online TV channel service
Kyte.tv, the San Francisco company that lets users manage their own TV channels online or on a cell-phone, has raised a second round of financing in the “single-digit” millions of dollars.
Swiss carrier Swisscom and German media group Holtzbrinck Ventures has invested in the round, Chief executive Daniel Graf told VentureBeat. He would not disclose the exact amount. The investment follows the launch of Kyte last month. Some 3,000 users have since downloaded the player, Graf… Continue Reading
Kyte.tv goes live, with the kitchen sink
Kyte.tv, the service that wants to be your own interactive TV channel, has finally launched.
We wrote wrote about the company two months ago, after first getting a demo.
You can host your photos, slide-shows, videos all in one place — the Kyte channel — and lets you post the channel player anywhere you want. It also lets you do mashups with things like surveys and music, and is integrated with live chat –distinguishing it from… Continue Reading
Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere
This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.
The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies will continue to get funding from VCs, but with more caution. Investments amounts in Web 2.0, while booming, are so far nowhere near the absurd levels seen during the 1999-2000… Continue Reading