Yahoo! has acquired a live concert streaming company called Evntlive. Evntlive announced the acquisition on Friday where they said that their services will be shutting down. The Evntlive team is going to join Yahoo!’s video team. Here is what they wrote on their website:
?When we started EVNTLIVE in early 2012, we set out to change the way that fans engage with live music online by creating an interactive, virtual venue. Since launching our beta service in April 2013, we have live streamed hundreds of performances from amazing artists and festivals to fans all over the world.?
Although our service will no longer be available, we are excited to be joining Yahoo’s video team. Click for more information about Yahoo Screen and Yahoo Music.
Evntlive was started by former Cisco Systems CTO Judy Estrin. According to Crunchbase, raised around $2.3 million in funding from Vint Cerf, Yogen Dalal, Dave House, Ellen Levy, Steve Wadsworth, Walter Kortschak, and Jack Lasersohm.