Liveblog This: CoverItLive Closes $1 Million Round

CoverItLive , easily the most extensive tool one can use for liveblogging live events or other real-time stuff such as earnings calls and the likes, has raised $1.2 million more from its current investor and private equity fund Flagstone Capital and well-known investor and entrepreneur Paul Kedrosky . CoverItLive has also quietly rolled out a money-making product dubbed CiL Enterprise that brings additional features to professional users, catering to publishers who cover live events with multiple writers in particular. The enterprise version is currently still free, but the company aims to start charging somewhere between $50/month to $500/month for CiL Enterprise within a couple of months, leaving an option for free usage in educational environments.
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