Streamweaver Secures $1.3M

According to reports, Streamweaver, a Nashville, Tennessee-based developer of a multi-angle mobile video app for iOS, raised $1.3m in funding.

Backers included Chris Kelly, former Chief Privacy Officer at Facebook, Mountain Group Capital, INCITE Co-Investment Fund, and Tennessee Community Ventures. In conjunction with the funding, Mr. Kelly will join the company’s board.

The company intends to use the capital to expand its development and marketing efforts.

Founded by CEO Erik Carlson, Streamweaver provides an app that allows multiple users to make videos from their iOS devices, combine them into one, watch them from a split-screen view, and share through Facebook, Twitter, Google+, email, or SMS.

FinSMEs

17/01/2013

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