Split-Screen Mobile Video Company Streamweaver Raises $1.3 Million
The Streamweaver app supports multi-angle mobile video recording. The company has raised $1.3 million in Series A from former Facebook Chief Privacy Officer Chris Kelly, Mountain Group Capital, INCITE Co-Investment Fund, and Tennessee Community Ventures. Kelly is joining Streamweaver’s board of directors following the investment. Based in Nashville, Streamweaver launched this past September.
The company calls their product a “social recording” application. After multiple mobile videos are shot using from more than one iPhone or iPod Touch, they can be combined into one video. The combined video can be watched in a split-screen view. You can invite your friends to join you on the application.
“I’ve been impressed with Streamweaver from the start, especially as a company outside Silicon Valley that’s innovating in the social video space,” stated Kelly. “This is a sector I’m constantly watching and feel very passionate about. Streamweaver is certainly leading the charge in forming the next category in mobile, social video.” Streamweaver will be using the funding towards additional development and marketing.
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry