Written by Liz Gannes
Posted Friday, June 20, 2008 at 10:00 AM PT

Seesmic Raises Another $6 Million

Seesmic, the San Francisco-based startup devoted to online video conversations, has raised $6 million in a Series B round of funding led by Omidyar Network and Wellington Partners. See a video from Pierre Omidyar below:

In addition to its portal for webcam conversations, Seesmic also powers video comments across 1,500 sites and blogs, just launched a standalone player for threaded video conversations, and is producing its own video shows. Despite its emphasis on interaction, Seesmic is focused on asynchronous video posts rather than live streaming, as CEO Loic Le Meur explained when he was a guest on The GigaOM Show.

The company previously raised $6 million in Series A funding from Atomico and a long list of individuals.

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Topic: Money & Power, Startups

Comments (1)

This looks very interesting.

I’m curious who is going to come out with the best product and who is going to have the most used product and if they will be the same product.

Tim Street — 1:25 PM on June 20, 2008 Reply

Linkbacks (4)

[...] like YouCastr ( like UStream but focuses on video-related to sports). And just this week Seesmic raised $6 million dollars in Series B funding. But the question of how online streaming video companies will make money in the long run remains [...]

Panic {RE}_Programming » Blog Archive… — 2:55 PM on June 27, 2008
[...] our counting is right, San Francisco-based Seesmic is now down to about 13 employees. The company raised $12 million in funding from Omidyar Network, Wellington Partners, Atomico and [...]

Seesmic Lays Off Seven More « NewTeeVee — 4:22 PM on October 10, 2008
[...] had raised significant funding — $12 million — but has also made multiple rounds of [...]

Seesmic: No Business in “Video Conversations… — 1:41 PM on June 26, 2009
[...] had raised significant funding — $12 million — but has also made multiple rounds of layoffs. « [...]

Seesmic: No Business in “Video Conversations… — 8:09 AM on June 30, 2009