Kyte.tv raises single-digit millions for online TV channel service

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