Spreecast Raises $7M in Series A Funding

By Rahul Arora

TMCnet Contributor

 

Spreecast, the social video platform that brings people together for conversation, recently raised $7 million in Series A funding round that included Meakem Becker Venture Capital, GGV Capital and MentorTech Ventures, as well as Stan Shuman, managing director at Allen & Company. 

 

The round also included Gordon Crawford, media and technology investor at Capital Research Global Investors, Sandy Robertson, founder of Robertson Stephens and Francisco Partners; and Edward W. Scott Jr., founder of BEA (News - Alert) Systems.

 

Spreecast is being used by content creators to engage in timely, relevant conversations across the globe.

 

From bloggers and journalists to celebrities and large media companies, content creators enjoy Spreecast's advanced producer controls, real-time Facebook (News - Alert) and Twitter sharing, and features that help users interact with the audience. Any number of viewers can watch and participate live, making it a great tool for both large and small audiences.

 

Spreecasts can also be embedded on the Web and are available for instant playback, allowing individuals to drive views and shares long after the live experience is over.

 

No other platform offers this level of engagement.

 

'We've experienced significant momentum and success this year in our effort to build Spreecast into the leading platform for live and recorded video conversations on topics ranging from sports to politics to entertainment. This funding is yet another building block and we're thrilled to have these new investors join the team to aid us in accomplishing our goals,' said Jeff Fluhr, cofounder and CEO at Spreecast. 'The rise of social media has shown us that people want to connect online; Spreecast provides a way for people to connect around face-to-face conversation.'

 

'Live social video has the potential to be the next major frontier of the social and mobile Web - on a global basis,' said Jeff Richards, partner at GGV Capital. 'Spreecast has a terrific team of experienced entrepreneurs and digital media execs, a very big vision, the most innovative product on the market and a rapidly growing user base.'