Live video broadcaster Cheddar has followed up $3m raised in January with a $10m round featuring Comcast Ventures, which will lend its distribution expertise.
Comcast Ventures, the corporate venture capital arm of mass media group Comcast, took part in a $10m round for US-based live news and entertainment platform Cheddar.
Existing investor Lightspeed Venture Partners led the round, which also included fellow venture capital firm Ribbit Capital, and which followed almost $3m of series A funding led by Lightspeed in January this year.
Cheddar launched its live video broadcasting platform in April 2016. It utilises cloud-based video production to oversee multi-camera, multi-location programming that…
