The launch of TouchCast is part of the inevitable  evolution of the Web into a  video-centric and interactive medium,  says co-founder Edo Segal, a technology entrepreneur and former AOL exec who is a co-founder of TouchCast.

Users of the free App can create videos with various interactive elements inserted into the video.  Viewers can interact  with the videos by touch using their iPad, Segal explains in this interview.

Last week, we published a video with TouchCast co-founder Erick Schonfeld.

More on the launch by Todd Spangler at Variety.