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
Imagekind, the Web site for artists, raises cash
Imagekind is a Web site that lets artists upload their artwork for sale, and gives them the freedom to sell it at whatever price they want.
The six-month-old Seattle start-up has just raised $2.6 million in venture capital, which gives it ammunition to go after the industry’s leading site, Art.com. It will announce the funding tomorrow.
Art.com dictates prices more rigidly — it doesn’t let artists set their own price, and apparently only pays them a 10… Continue Reading