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Dance Video Site DanceJam Gets $3.5 Million Second Round

By Joseph Weisenthal - Tue 12 Feb 2008 12:39 PM PST

DanceJam, the dance video site started by MC Hammer and others, has raised a $3.5 million second round from Softbank Capital, Rustic Canyon and various individual investors, according to TechCrunch. This brings the company’s total raise to $4.5 million, having previously raised $1 million, from various angels, including Michael Arrington. The site offers a place for users to upload videos of themselves dancing, while competing against and rating other users.

Posted in: Social Media, Video Sharing, VC+M&A, Venture Capital

Tags: rustic canyon, softbank capital, dancejam,


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