The best part of WooMe TV is that it is 100% pure entertainment.  I spent 5 minutes on WooMe TV and checked out the Most Favorited videos.  They are hilarious.  I think that this site would be perfect for Loren Feldman because he is best known for his sock puppets.  And some of the funniest videos on this site involves sock puppets.  Check out the video embedded below:

As you can tell, videos on WooMe TV have the potential to become an advertising platform.  Imagine a girl or guy talking to one of the Kellogg’s cereal characters or a different company’s mascot.  Maybe on Halloween, have a girl talking to Count Chocula.  There’s no limits to what you can do with WooMe TV.

WooMe started in December 2006 and has about $17 million in funding.  Investors in WooMe includes Atomico Investments, Mangrove Capital Partners, Klaus Hommels, and Index Ventures.  Atomico Investments was started by Niklas Zennstrom, founder of KaZaa, Skype, and Joost.

WooMe raised a second round of funding at $12.5 million led by Index Ventures, Atomico, and Mangrove Capital Partners. This brings WooMe’s total funding to $16.9 and now they are valuated at $41 million.

In terms of users, the company say that they have roughly 350,000 users and has 15,000 sessions per day. WooMe hopes to raise about another $500,000 in this round from “strategic angels.” WooMe started in December 2006.