Wednesday, March 5, 2008

With friends like these⦠how can Seesmic fail?

Having secured $5.5 million of funding from investment group Atomico (Skype's Niklas Zennstrom, Janus Friis and co.), Loic Le Meur admits he didn't need the money. And yet he's enlisted a further twelve individual backers for his new startup Seesmic -- which has been described as "Twitter for video" -- the list of which is peppered with the names of some of Silicon Valley's most successful and well connected entrepreneurs.

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