Skype investors join forces in 'kyte' venture

 

The original investors in Skype - Joost, Google, Hotmail and Draper Richards - have joined forces to launch a new venture, kyte.

Kyte brings together user-generated content, mobile and TV. It allows people to create their own interactive TV channel on their web site, blog, social network or mobile phone. Kyte is not a destination site, but aims to drive traffic to sites such as MySpace.

Users become their own channel 'producer', customising their own TV channels. They can create real-time slide shows from their mobile camera and use instant messaging.

Kyte founder Daniel Graf told Revolution: "There is great potential to advertisers here. This is an ideal channel for brands to market their products to a highly targeted audience.

"The opportunity exists for brand channels, and fan channels building instant communities. Brands will have the luxury of viewing instant feedback following a new product launch, for example.

"We'll start simply, with ad revenue and subscriptions on premium services, then build a marketplace."

Kyte is backed by global investors, including Niklas Zennstrom's Atomico (co-founder of Skype and IPTV company Joost); Ron Conway (an original investor in Google, Ask Jeeves and Brightmail,); Tim Draper (founder of Draper Richards Jurvetson and original investor in Hotmail, Baidu, and Overture) and Howard Hartenbaum of Draper Richards, (responsible for the founding investment in Skype).

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