The Inception Company, LLC, a Fairfield, NJ-based technology-driven production company that builds and supports virtual engagement products and services, received an investment from Spire Capital.
The amount of the deal was not disclosed. In conjunction with the investment, Sean White, Andy Armstrong, and Brad Johnson of Spire Capital will join Inception’s Board of Directors.
Founded in 2005, Inception provides Pando,, a virtual meeting platform that integrates a full production studio with a video wall that simulates the experience of live, in-person meetings, and Grove, a compliant web conferencing platform supported by services for industry agnostic enterprise clients. The company also provides premium broadcast, video, and meeting services solutions.
Spire is partnering with the existing team led by CEO Matt Giegerich and President Shaun Urban. Founder Doug Mack will transition to a Board role.
The investment will provide Inception with capital to build out new Pandostudios, enhance research and development, expand sales and marketing efforts, and enable complementary acquisitions.
FinSMEs
12/01/2020