New Video-Based Social Network Ocho, Backed By Mark Cuban, Raises $1.65M

Ocho – a new video-based social network tailored specifically for iPhone users has found its undettered investors in Mark Cuban, Bill Lohse, and several others who are betting on the same although there is no shortage of video-snippet sharing services. The investors just helped Ocho raise $1.65 million in seed funding, which will be used to build out the service, and secure partnerships. Ocho allows users to capture eight-second videos. Presented as a news feed, Ocho videos can be ported across devices including Apple TV. Read More>>

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