Having spun out of online broadcaster
Justin.tv last year,
SocialCam has managed to get a strong footing on iOS and Android. It
passed 3 million downloads in December, and it's now sending 3 million notifications a day, with video uploads and following counts up by 700% and 800% in the last few months, according to cofounder
Michael Seibel. But the three-man team is going back into
Y Combinator, the early-stage seed fund that Justin.tv had grown out of, instead of taking the more obvious routes of raising venture funding or simply continuing to build on its own.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/hn5KTKYBVzY/
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