John Furrier’s PodTech.net Receives Series A Round of $5.5M
Congratulations to John Furrier, whose podcasting obsession has grown to be something much more than a hobby:
[from PodTech. net: PodTech Receives $5.5 Million in Series A Funding.
“PodTech has become the definitive source of quality, content-rich podcasts dedicated to innovating and extending the benefits of podcasting to mainstream users,” said John Furrier, Founder and CEO of PodTech. “As a company, we were present at the creation of podcasting. We know it is time for a company to provide a professional environment and high quality filtered original content of fresh technology and business voices to the world of podcast listeners. With this financing we are now poised to deliver on our content development goals and to play a big role in the evolving ecosystem of this new media.”
The company has raised $5.5M from Venrock Associates, US Venture Partners (USVP), and Silicon Valley angel investors.
This is another indicator of the internetting of media, where knowledge and insight at the edge will slowly dissolve the center of the media world, the networks, studios, and mainstream publications.