Kyle
In 2010 Napster’s co-founders Shawn Fanning and Shawn Parker quietly started making noise about a new start up. At that time it wasn’t clear if the two were reunited when Fanning received an early seed round of funding in the amount of $200,000 for a startup, at the time called SupYo, as in “What’s Up Yo”. At that time Supyo’s founders were listed as Fanning and Voxli founder Joey Liaw.
Almost a year to the day later in October 2011, Fanning and Parker had competed an $8.3 million series A round. Some of the top investor’s in Silicon Valley were involved including; Founder’s Fund, Accel Partners, Andreessen Horowitz, Yuri Milner, Ron Conway, Marissa Mayer, Ashton Kutcher, Will I Am, Scott Braun and Michael Arrington. With an all star line up like that Parker and Fanning must be on to something big. All that is known so far is that it’s some kind of video chat.
More after the break
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