This area was feeling crowded a few fundings ago… but SpongeFish, an SF-based how-to video site, has raised a $2 million first round according to VentureWire (via VentureBeat). In addition to video, the site is offering other forms of how-to content, like documents. It’s also looking to remunerate contributors by offering rewards points or “coins”, which can be redeemed for prizes.

• Ex-Googlers’ How-To Site Howcast Raises $8 Million First Round
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