Spreecast, a social video platform that lets people broadcast together, has raised $7 million in Series A funding from Meakem Becker Venture Capital, GGV Capital and MentorTech Ventures as well as Stan Shuman, managing director at Allen & Company. Other participants in the round include Gordon Crawford, Sandy Robertson, and Edward W. Scott, Jr., founder of BEA Systems.
The brainchild of StubHub co-founder and investor Jeff Fluhr, Spreecast can be used publicly or privately to create interactive, social online video broadcasts. Up to 4 people at a time can be face-to-face, streaming their conversation live while hundreds of others can watch, chat, and participate by submitting comments and questions to those on-screen.
Viewers can also request to join on camera, while producers of the Spreecast can manage the action. Spreecast is also integrated with Facebook, Twitter, and Google+ so that producers and creators can broadcast their conversations to their friends, followers, circles, contacts and connections.
And Spreecasts can be embedded on the web and are available for instant playback, allowing you to drive views and shares long after the live experience is over.
This new investment will be used towards hiring, community expansion and product development efforts.