Enplug, a Los Angeles, CA-based creator of a social media display for businesses, launched with $2.5m in seed funding.
Backers included Oaktree Capital Co-Founder Larry Keele, Juniper Networks Founding Member Rasoul Oskouy, Idealab Founder Bill Gross, Former AT&T President and CTO Hossein Eslambolchi, Interscope Executive Vice President David Cohen, Lightspeed Venture Partners Managing Director Justin Caldbeck, Atom Factory CEO Troy Carter, Activision Co-Founder Howard Marks, DominateFund, zPark Venture, and Amidi Group.
Founded in 2012 by Nanxi Liu (CEO), Alex Ross (CTO), Zach Spitulski (Head Designer), David Zhu (COO), and Navdeep Reddy (CIO), Enplug provides intelligent displays inside venues (restaurants, bars, gyms, retail stores, cafes, shopping malls, and office buildings) which allow viewers to post social media content onto them in realtime by hashtagging the business’s name. The displays aggregate the business’ interactions such as Twitter, Facebook, Yelp, Foursquare, Instagram, and showcases the content on the screen.
The Enplug Network of displays is in 40 cities across the country and clients include Amoeba Music, Arco AM/PM, Ten Ren, Toyota, and Rita’s Ice.
The company employs 30 full-time people in offices in LA, San Francisco and London.