DanceJam, the dance video site started by MC Hammer and others, has raised a $3.5 million second round from Softbank Capital, Rustic Canyon and various individual investors, according to TechCrunch. This brings the company's total raise to $4.5 million, having previously raised $1 million, from various angels, including Michael Arrington. The site offers a place for users to upload videos of themselves dancing, while competing against and rating other users.
This story has inspired me to resurrect this blog, originally started in 2004. It's good to be back.