San Francisco video startup Kyte convinced Disney’s Steamboat Ventures and Swedish mobile operator TeliaSonera to kick another $6.1 million into their coffers. The new funders join Telefonica, Nokia, DoCoMo and Draper Fisher Jurvetson in a $21.1M Series B round.
What’s Kyte’s angle? Live streaming from mobile phones. And they’ve got some label deals for mobile video from musicians like 50 Cent. The phonecasting part is a unique angle among live streamers, but as we’ve noted before, this is a very crowded business, and now YouTube’s getting into the mix.
Business Insider Emails & Alerts
Site highlights each day to your inbox.