Hallelujah! GodTube gets $30 million investment
Online video site and social network GodTube landed $30 million from private equity firm GLG Partners in the company's collection plate, which values the startup at $150 million. The company sells subscriptions to its "Godcaster" service that enables online video sermonizing, as well as secular and religious advertising, and has plans to offer a white-label social network to churches. [PaidContent]