Me.dium Raises $15 Million


Me.dium announced it had raised $15 million in a second round of funding, bringing its total amount of capital to $20 million from Commonwealth Capital Ventures, Spark Capital, Appian Ventures, Brad Feld, and Elon Musk.

This makes Me.dium the front running company in the emerging Virtual Presence field. When they closed the deal they had 20.000 registered users. They won't tell how many active users. Could easily mean $ 10.000 investment per active user. Obviously someone expects whole lot more users, features and services in the Co-Browsing/Virtual Presence field.

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