TechCrunch –
If you’re reading TechCrunch right now (you are, by the way), chances are you have at least heard of Meerkat. You may even be simultaneously hoping that you don’t have to fall prey to the new SXSW sweetheart before the trend of live broadcasting is over. But this is no Yo.
Sources familiar with the matter tell TechCrunch that Meerkat has closed on a $12 million Series B led by Greylock’s Josh Elman, with participation from other unknown angels. One source, who wished to remain anonymous, said that the deal valued Meerkat at $52 million post-investment. We’re also told that Greylock put in the majority (between $9M and $10M), with the rest of the Series B stock being picked off by angels…