YouTube Sensation BalconyTV Secures Funds From Polaris, Lerer And Greycroft
Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... ? Learn More With Apple rumoured to be developing a full-blown TV and connected TVs gradually taking off, it looks like video channels independent of the TV industry could have a bright future. And niche content with global audiences could become attractive. To that end, BalconyTV, a quirky but popular YouTube channel and site which features up-and-coming music acts performing literally on balconies and rooftops, has taken off. Today it’s attracted its first institutional funding of $750,000 from Polaris Venture Partners, Lerer Ventures and Greycroft Partners. Former MTV Networks CEO Judy McGrath...