Mevio - History

History

Mevio Inc. was founded in San Francisco, California in October 2004 by Adam Curry and Ron Bloom, as a digital media network, with the aim of helping people publish and market their podcasts, and to help listeners find podcasts that suit their interests.

In August 2005, PodShow received about $8.85 m in Venture Capital from the Sand Hill Road firms Kleiner Perkins, Sequoia Capital, and Sherpalo Ventures. PodShow set up company headquarters in San Francisco, California in a temporary office South of Market Street. In February 2006, Curry announced Podshow L.A., a production division being set up by Mark Yoshimoto Nemcoff.

On August 23, 2005, PodShow announced the launch of their Podsafe Music Network. The site allows musicians or record labels to upload podsafe music into their system so that podcasters may download it for use on their podcasts, as well as the ability to sell music to listeners.

In September 2005, PodShow acquired Podcast Alley, a directory that can be used to help people find and subscribe to podcasts.

In September 2006, BT PodShow, a co-branded service for the UK and Ireland, was launched. On September 29, 2006, PodShow Inc. announced that the company had raised a second round of venture funding from new and original investors, totaling $15 million, led by DAG Ventures.

In July 2008, mevio secured $15 million in a Series C funding round led by Crosslink Capital and including Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures, and DAG Ventures. mevio intends to use the investment to continue expansion of its broadband entertainment offering and to launch new vertical entertainment networks.

In October 2008, co-founder Ron Bloom was replaced as CEO by Jeff Karp.

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