Shawn Fanning and Sean Parker, latterly also a president of Facebook, are launching a live social video site, to be known as Airtime, with Google part funding an $8.3m series A round.

Airtime, the live social media website launched by Shawn Fanning and Sean Parker, two of the founders of famous file sharing website Napster, made its latest website update on Thursday. The company, which has raised $8.3m in series A funding from investors including Google Ventures, is still running in stealth mode but is allowing early applications from prospective users.

Joining Google Ventures in the round were venture capital firms Founders Fund (which counts Parker among its partners), Andreessen Horowitz and…