Tuesday, June 24, 2008

Seesmic provides anyone with an innovative way to communicate and connect with each other online through video conversation has received $6 million

what Company Is Offering:
Seesmic provides anyone with an innovative way to communicate and connect with each other online through video conversation. See and hear people share their experiences straight from their webcams and mobile phones, join in active conversations, and engage in real interactions with real people. The Seesmic platform also enables video conversations on more than a thousand sites, blogs and broadcasts them to other social software such as Twitter and Friendfeed thanks to its robust API. Seesmic also operates twhirl, a social desktop client, that now enables Seesmic video comments. twhirl represents 12% of Twitter messages being sent and has over 400,000 downloads.

How Much They Got From VCs:
Seesmic, the online video conversation platform, announced it 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.

More at:http://www.seesmic.com

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