Expect big changes and gigantic podcasting developments as PodShow, the premier podcasting company based in San Francisco USA, publicly confirmed few days ago that they raised another $15M from the second round of their funding from DAG Ventures. This was a huge follow up to the $8.85M.funding they obtain from their initial round from Sequoia Capital, Kleiner Perkins, Jerry Newman and Ram Shiram thus bring the total amount to more than $23M of funds.
The said amount that PodShow raised is really amazing despite the fact that podcasting is relatively new in the industry. With this gigantic funding and partnership with big companies, it is expected that PodShow will be able to pursue its vision to mainstream media companies and be the premiere and powerful podcast provider and distributor I the world. The big sum of funds make it easier for PodShow to diversify into media company, move into mobile devices and land into another level of podcasting industry.
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