Spreecast, a San Francisco, CA- and New York-based social video platform, has raised $7m in Series A funding.
Backers include new investors Meakem Becker Venture Capital, GGV Capital, MentorTech Ventures and Stan Shuman, managing director at Allen & Company, as well as exisisting investors Gordon Crawford, Sandy Robertson, and Edward W. Scott, Jr.
The company intends to use the capital to expand its hiring, community and product development efforts.
Launched in November 2011 by CEO Jeff Fluhr, Keith Carter, Robert Hunt, and Mike Slemmer, Spreecast allows up to four people at a time to interact face-to-face on screen, while thousands of others can watch, chat, and participate by submitting comments and questions and sharing across social networks such as Facebook, Twitter and LinkedIn.
The platform is already used by bloggers, journalists, celebrities, large media companies, and content creators.
FinSMEs
07/09/2012