Oncam, a Los Angeles, CA-based mobile Group Video Calling app, raised $7m in growth capital.
The round was led by Tonn Investments, with participation from high net worth participants and firms.
The company also announced a partnership with Untitled Entertainment, which positions itself as Hollywood’s telecom company.
Led by Joe Shapiro, CEO, Oncam provides a group video calling app with live broadcasting and two-way streaming capability. With its video compressing and multi-stream technology, the company created a new industry of mobile group calling, streaming, and broadcasting anywhere—wifi or not—with any data plan or device. Its flagship feature, Watch with Friends, allows users to watch YouTube videos while in private Group Video Calls or while broadcasting to an unlimited amount of followers. Fans can watch as an influencer debuts their new video, seeing the influencers face, reactions and commentary of up to six users on screen at once.