ClipMe closes a seed investment round

ClipMe is Helsinki-based startup offering new ways to create and share moments with friends through 15-second collaborative videos. Photo: clipme.in

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.

Press contact:

Ravi Kumar
ClipMe Oy
+358 40 410 332
ravi@clipme.in
https://clipme.in/

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