Kyte Completes $15M Second Round
kyte.tv today announced a $15 million Series B round, part of which we scooped last week and most of which we’ve been reporting on as the company gathered it over the course of the year. Telefonica, Nokia Growth Ventures, DoCoMo, Swisscom, Holtzbrinck Ventures, Draper Fisher Jurvetson, and Draper Richards participated in the round. Previously, we’d covered all of these besides DoCoMo, though kyte (which is formally called decentral.tv) hadn’t let the amount get out until now.
With a major handset maker and three mobile carriers as its backers, kyte is increasingly looking like the carriers’ backend video streaming play. Combined with a $2.25 million Series A round, this brings the company’s total funding to $17.25 million. See the interview with kyte CEO Daniel Graf embedded below, which was made this afternoon by avid kyte user and unpaid evangelist Robert Scoble.
We’ve dinged kyte lately for its lack of live video streaming, something Graf’s been promising for as long as we’ve been talking to him. Scoble has commented that his loyalties are switching to Qik, the live mobile streaming company we covered last week.
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[...] million in funding from Steamboat Ventures and Swedish mobile company TeliaSonera, closing out its long-running Series B round. The company also announced that it has added live-streaming capabilities from mobile phones and [...]
[...] pretty aggressive and is starting to invest in U.S.-based startups. The Spanish phone company also recently invested in life-casting startup [...]
[...] pretty aggressive and is starting to invest in U.S.-based startups. The Spanish phone company also recently invested in life-casting startup [...]
[...] Raises an $11.1M Warchest Kyte isn’t the only personal/live video startup with a big bank account anymore. Ustream.tv is announcing today it has raised $11.1 million in Series A funding from Doll [...]
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