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Kyte Gets $15 Million in Second Round

By Greg Published on .

Kyte, the Web video-social communications company, raised a second round of financing led by Telefonica worth $15 million, the company said in a statement. The news earlier was reported by Robert Scoble. Kyte.TV offers a so-called lifestreaming video service, which lets users telecast their daily lives over the Web. The idea is to do for video what blogging did for print.
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