Sean Parker and Shawn Fanning attempting to challenge Chatroulette

Napster co-founders Sean Parker and Shawn Fanning are reportedly set to launch their own video chat service, Supyo.

According to Australian news site, the pair are in the process of raising $10 million (£6.1 million) to get the service started.

The pair are said to be targeting a similar audience to those who currently use services such as Chatroulette, but have said they hope to police their site more effectively and hope to avoid the site being used for pornography and predatory behaviour.

Parker and Fanning are keen to invest in video chat services and have said in the past that they believe video chat will become a key part of social networking in the next decade.