Video - Monday, January 28, 2008
Treedia Labs (Podcast.com + Videocast.com) Raising $5M
Cambridge, MA's Treedia Labs, which operates destination sites podcast.com and Videocast.com, is looking to close a $5M Series B round, the firm told Mass High Tech.
Treedia Labs is building web services platforms to deliver audio and video via RSS feeds. The destination sites have not gotten much of a lift despite would would seem to be search engine bait (podcast.com comes up first when you type 'podcast' in Google. We suspect that if these guys get the $5M they are going to need to have a better business model than what they have been going after the past few years.
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