FameCast Raises $4.5M in Funding
FameCast, the online talent show, has raised $4.5 million in funding from Austin Ventures. FameCast hands out $10,000 in cash prizes to the winner of each of its twelve 'stage' contests, spanning art genres such as spoken word, animation, and stand-up comedy, along with the expected music categories for Pop, Country, R&B, etc. Contestants submit videos of their work to their respected 'stage'. Users vote for who they like best, and the contests last for an entire 'season'. FameCast's recent funding will go towards expanding its marketing efforts in the U.S. and around the world.
Source: http://mashable.com/2007/06/05/famecast/
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