Docstoc, the “YouTube for professional documents,” raises cash

Docstoc, the “YouTube for professional documents,” raises cash

Docstoc, the company that describes itself as the “YouTube for professional documents” has closed a small first round of financing.

Docstoc, along with competitor Scribd, makes it easy for people to upload and post entire documents on the Web — where they can be easily read without clicking on links.

The companies have stirred controversy because of the potential for copyright infringement. Scribd, which launched earlier this year (see coverage), and which is open to the public,… Continue Reading