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Seesmic Secures $6 Million in Series B Financing
Seesmic
has received $6 million in series B financing co-led by Omidyar Network, the philanthropic investment firm of eBay founder Pierre Omidyar, and leading pan-European venture capital firm Wellington Partners. The new round brings the total funding amount raised by Seesmic to $12 million.
Seesmic enables users to share experiences on blogs, social networks and with each other by uploading videos straight from their webcam or mobile device. The company will use the investment to further develop its video platform and to start its global rollout. Seesmic initiatives will focus on its platform strategy with a robust API already powering video conversations on 1500 sites and blogs as well as new partnerships with leading consumer brands and media and entertainment companies.
Posted on Jun 20, 2008
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