Private Equity Week is reporting that Podshow, a Miami Beach-based company focused on podcasting, has raised over 8 million dollars in funding.
The company is best known for MTV VJ Adam Curry, who hosts Podshow, featured on Sirius satellite. Curry has also established his pioneering Daily Source Code show as one of the most popular podcasts.
"There is little that gets Valley girls and boys as hot and bothered as when an Internet company gets funded by both Sequoia Capital and Kleiner Perkins Caufield & Byers. So it’s worth noting that the iconic venture shops have participated in an $8.85 million Series A round for PodShow Inc., according to a regulatory filing. For an added bonus, both John Doerr and Ray Lane have taken board seats, joining both Jerry Newman of Bear Stearns and omnipresent angel investor Ram Shriram (Google, Plaxo, Zazzle, etc.), who is representing shareholder Harris MyCFO Inc."
