coveritlive – series a
Liveblog This: CoverItLive Closes $1 Million Round
CoverItLive, easily the most extensive tool one can use for liveblogging live events or other real-time stuff such as earnings calls, press conferences and the likes, has raised $1.2 million Canadian dollars (or approximately $1 million USD) more from its current investor and private equity fund Flagstone Capital and well-known investor and entrepreneur Paul Kedrosky.
CoverItLive has also quietly rolled out a money-making product dubbed CiL Enterprise that brings additional features to professional users, catering to publishers who cover live events with multiple writers in particular. The enterprise version is currently still free, but the company aims to start charging somewhere between $50/month to $500/month for CiL Enterprise within a couple of months, leaving an option for free usage in educational environments.
Source: techcrunch.com
Good to hear their business and pricing models are surfacing. This is by far the best live blogging software services out there. An integrated live video and blogging and twittering event certainly brings an event/seminar or conference to a new high. However having said that, not yet at this stage to do a QV on them as I fear the various other alternatives creeping up and am not too sure about the demand. Lets wait till series b.
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