Silicon Valley venture capital firms Kleiner Perkins and Sequoia Capital have dropped a massive amount of cheddar, specifically a whopping $8.85 million, for the first round of funding for PodShow Inc. - Ron Bloom and Adam Curry's Podcasting operation. Why any company would need nearly $9 million in the first round is beyond me, but apparently the funding is contagious has Odeo has also landed a decent round of VC-love, though it's speculated to be far less that PodShow's (let's hope).
[via TechDirt]
