image thumb191 CoverItLive covers up funding round with $1 million

CoverItLive has raised $1 million in funding from its current investors, Flagstone Capital and entrepreneur Paul Kedrosky. CoverItLive is a live blogging/conferencing tool and comes with a support for ten languages along with the integration of Twitter as well as streaming both audio and video. It’s a pretty neat tool for those who cover live events and the coverage involves multiple writers.