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April 3, 2009

Consumer Internet Company Attains 1,800% Growth Leads Market in real-time Video Viewers

Headquartered in San Francisco, California, is a leading, web-based video site that operates in real-time.� With more than 41 million visitors each month and 1 million registered users, allows users to broadcast, interact with and watch live video.� With a total of 428,000 channels, users are able to create video connections globally through the web in real time.

According to, peak usage time sees the equivalent of 16,946 standard DVD�s pass through the platform per hour. To support its demand, is able to measure demand and replicate streams to both add and adjust for additional servers as needed. Unlike traditional social and video networking sites, also enables broadcasters and users to and broadcasters to chat real-time.

A private corporation, recently announced that they are ranked among the top 5 online video sites in the world.� According to�s internal analytics reporting, has attained 1,8000 percent growth year over year.

With a total of seven employees, is led by �Justin Kan, Founder and President; Michael Sieble, Chief Executive Officer; Emmett Shear, Chief Technical Officer.� Kyle Vogt is�s Vice President of Engineering.

In October of 2007, raised an undisclosed amount in series A capital funding from investor Alsop- Louie Partners and Draper Associates.� Additional investors include Paul Graham, Paul Bucheit, Mike Maples, Y Combinator, Felicis Ventures and Georges Harik.

In March of 2009, enhanced their services with additional streaming through Wirecast, a live production tool that gives users the ability to create broadcast live events

Competitors include, Mogulus, Flixwagon, MyShowroom.TV, Floobs, BlogTV. �
According to Quantcast, has 6.8 million viewers per month.

Alsop-Louie Partners is a venture capital firm located in San Francisco, California who has also invested in Cake Financial and Ribbit.