Online video service Kyte has taken $15 million Series B in a round that included Telefonica, Nokia, DoCoMo, Swisscom, Holtzbrinck and DFJ. The new round brings total funding for Kyte to $17.25 million.
With Kyte, you create your own live TV shows and broadcast them on your own interactive channel, on your website, blog, social network or mobile phone.
You can share your Kyte channel with your friends and collaborate with them so that they can also be a part of your shows, by adding their own content, by voting and by chatting live with other viewers. You can share your experiences live with the world and be the star, director and producer of your own live TV channel.
The investment will expose Kyte to a much broader audience with the raft of telco investors having hundreds of millions of users between them.
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