Mevio , the online video network formerly known as PodShow , has raised another $15 million in funding, bringing it to a total of $38 million raised.
That’s an awful lot of money — I think too much money — for a company that wants to produce and aggregate Internet content! But I suppose investors would rather re-up than start from scratch, and are seeing what Mevio evolves into (it originally started with a focus on podcasting). The new round was led by Crosslink Capital and included Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures and DAG Ventures. Mevio does have some traffic; up to 9 million uniques in May, according to an emailed press release.
Embedded above is a recent interview I did with Mevio CEO Ron Bloom — a co-founder along with former MTV VJ Adam Curry — when the company changed its name and relaunched its site in April. At the time, Bloom said Mevio would be profitable by the end of 2008 based on sal...
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