[summer]

The entire press release is HERE. Some of it is interesting. I'll post an excerpt below.

[summer]

Excerpt from above link:

The PodShow PodCast Network includes some of the most popular shows in podcasting. The Company's CastBlaster production tools have been embraced by the podcasting community as the most simple and innovative production tool for creating professional quality podcasts.

The company is at the center of the independent podcasting community and operates the premier independent podcast directory with over 100 categories managed by podcast aficionados. With its new infusion of capital, Management expects to announce additional features, programs and technologies that will further enhance its PodShow Podcast Network in the immediate future.

"The explosion of podcasting is unique for two reasons ... first, it has been driven by an almost insatiable consumer demand, and secondly it has successfully extended the benefits of the internet beyond the computer and into the ears of millions of eager listeners," said Ron Bloom, PodShow co founder and CEO. "PodShow intends to remain the most successful brand in podcasting..."

Over the last year, PodShow has worked with leading companies like Apple Computer, Warner Brothers and Sirius in extending the reach of podcasting....

[NathanBookman]

"Kleiner Perkins Caufield & Byers, Sequoia Capital and Sherpalo Ventures have bought into PodShow, Inc., for $8.85 million, according to the press release."

Good signal that the iPod bubble is on its way to bursting.