Kyte raises $6.1M to become media platform

Kyte raises $6.1M to become media platform

Video site Kyte has raised another $6.1 million in venture funding to push forward with a new broadcasting platform. Although anyone can use it, the platform seems targeted at big media companies, and Kyte says it’s already partnered with four major music labels, as well as hip hop star 50 Cent.

Kyte chief executive Daniel Graf says that since he unveiled the product last year, a number of media companies have approached Kyte about partnerships. There’s… Continue Reading