Airtime Raises $25M, Brings in Early Hulu Team by Acquiring Their Start-Up, Erly
Airtime, the soon-to-launch video start-up from the co-founders of Napster, has raised $25 million in Series B funding led by Kleiner Perkins Caufield & Byers and including Andreessen Horowitz, Accel Partners, Google Ventures, and the Social + Capital Partnership, as first reported by TechCrunch and confirmed by the company. Airtime also acquired Erly, the young, KP-backed event-photo-sharing start-up created by the early Hulu product team.