Online dating site SpeedDate has raised $6 million in a Series B funding round led by Menlo Ventures. SpeedDate offers users a series of 3 minute mini-dates, during which they can converse through video, audio, and a chat box. If both partners decide they were a good match when prompted at the end of the date, they can continue communicating through the site until they make the jump to real life.
When we first wrote about SpeedDate, the site had a small userbase, which made it difficult to conduct a series of dates (there simply weren't enough potential matches). Since then the site has grown substantially (claiming 100,000 dates daily), so you can hop on and hope to find a reasonable match within a few minutes.
Attorneys representing online video sites around the country are salivating today over the Veoh summary judgment decision (I know this because I've spoken to a few of them). In a nutshell, here's what we learned today: If you take reasonable precautions against copyrighted materials on your service, you may be ok. And oh yeah, if you are going to get sued, try to get sued in federal court in northern California, because the judges there are a lot more Internet-friendly than some other federal judges we've seen.
Specifically, the court said that online video sites are protected under the safe harbor provisions of the DMCA if they:
Bungee Labs, a well funded Utah based startup that left private beta only six months ago, laid off 15 employees today to give themselves more runway on their cash burn rate. The last we checked they had 38 employees, so this is nearly 40% of their total headcount.