PRESS RELEASE, 21.10.2014
Social and collaborative video application – ClipMe – closes a seed investment round and expands to Android and Windows Phone.
Finnish startup, ClipMe, an early mover in the collaborative video space closes a seed round investment from a syndicate of angel investors. ClipMe offers new ways to create and share moments with friends through 15-second collaborative videos. A user can start a video, invite friends to continue recording it and the collaborative video can be shared anywhere on the web. In February, ClipMe launched as a beta on iOS and the startup has since focused on customer development and user feedback in order to identify user needs. The outcome is a freshly re-designed ClipMe and an expansion to Android (beta) and Windows Phone.
Creating videos with friends is the essence of the service and our user research reveals the presence of a circle of friends on ClipMe is essential to encouraging collaborative video creation. So in the new app, a user can start a video from the home page and invite friends to add clip or alternatively, a user can go to a friend’s profile and start a video from there. Thus making it easier to start creating videos together.
Following months of bootstrapping, ClipMe has completed a seed round with Vidalico, Nestholma and Eastwings participating in the round. ClipMe is also supported by Finnish Funding Agency for Innovation – TEKES.
ClipMe is gaining user traction in Finland and has attracted popular youth idols including the most popular Finnish hip-hop rapper and candidate for social media person of the year 2014 in Finland – Musta Barbaari, rising music pop band – Satin Circus and a few popular Vloggers. With the updated product, the company is aiming high and is ready to be the next global phenomenon out of Finland.
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Key features of the new ClipMe:
- Beautiful design
- Simpler and faster to make videos with friends
- Quicker navigation (making it easier to get around the app)
- Smoother experience (app is faster and more reliable)
- Easier to find, connect and invite friends
- Easier to share stories on your social media
- More personal with new user profile