I was just waiting for this. Podcasting has finally secured financial backing by leading venture capitalist. Sequoia Capital, Kleiner Perkings Caulfield & Byers,Charles River Ventures and Amicus Ventutes and more have opened up their wallets. Podshow by Adam Curry, and Odeo by Evan Williams (who started Blogger) have received founding. Podshow raised $8.8m. Odeo will also help advertisers with new Podcast or enable podcasters to charge a subscription fee to listeners. Podcasting is going to transform commerical radio for sure. (via Financial Times).
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