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Friday, September 7, 2012
Spreecast Raises $7M For Social Video Broadcasting Platform
Spreecast, a social video platform that lets people broadcast together, has raised $7 million in Series A funding from Meakem Becker Venture Capital, GGV Capital and MentorTech Ventures as well as Stan Shuman, managing director at Allen & Company. Other participants in the round include Gordon Crawford, Sandy Robertson, and Edward W. Scott, Jr., founder of BEA Systems. The brainchild of StubHub co-founder and investor Jeff Fluhr, Spreecast can be used publicly or privately to create interactive, social online video broadcasts. Up to 4 people at a time can be face-to-face, streaming their conversation live while hundreds of others can watch, chat, and participate by submitting comments and questions to those on-screen.
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