DC Startup Speek Raises $1.2 Million Dollar Seed Round

Speek,DC startup,funding, startup newsWe’ve been tracking DC startup Speek since last May when they pitched the initial concept and platform at the TechBuzz competition in Washington DC as part of Capital Connection.

What originally attracted us to Speek was the super easy interface for their conference calling application. The conference calling space is definitely a hot one. Back in May, another conference calling startup UberConference won the highly coveted TechCrunch Disrupt Battlefield at TechCrunch Disrupt NY.

Speek is actually easier to use. With Speek you simply go to the website, pick a username and enter some information, like your primary phone number. From there, when you want to make a conference call you go to that user’s page on Speek and hit the big button in the middle of the page and voila, conference call initiated.  For example, my Speek address is http://speek.com/kyle yes I was using it early enough.

The other main attraction to Speek is the startup pedigree. The company was founded by John Bracken who sold his first big startup e-vite to TicketMaster. Speek’s CTO Danny Boice was the founder at Jaxara a startup he sold to Pantheon in 2006.

Today they announced that they’ve raised a seed round of $1.2 million by “several early stage venture funds”.

“Conference calls today are a painful experience in a $3 billion market that hasn’t innovated in over twenty years,” said Speek.com co-founder and CEO John Bracken. “Speek is revolutionizing conference calling by turning a limited telephone-based service into one that is simple, free and in-tune with the next generation of web and mobile services.”
“Speek makes conducting a conference call fast and easy,” said co-founder and CTO Danny Boice. “No longer do you have to frantically search for a PIN number or wonder who’s on the call or who’s talking. Nearly ninety-percent of people who have used Speek would be disappointed if our service disappeared.”
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