Stringr, a NYC-based premier marketplace that allows media organizations to buy video footage from both amateur and professional videographers, raised more than $1m in funding.
Backers included new investors The Associated Press and Advection Growth Capital with participation from follow-on investors McClatchy and G5 Capital.
The company, which has raised a total of $4.6m to date, intends to use the new funds to accelerate its growth, including the integration of its into partners’ products.
Founded in 2014 by Lindsay Stewart and Brian McNeill, who met at The Wharton School, Stringr is a comprehensive video marketplace that enables media organizations to source custom footage, edit and publish, under tight deadlines. The company leverages a nationwide network of more than 60,000 responsive videographers who provide broadcast-quality video in every major U.S. market.
Stringr collaborates with AP by providing a selection of daily video stories for syndication through AP’s VideoHub marketplace.