Former Facebook Chief Invests In Nashville Startup Streamweaver


Nashville startup, Streamweaver launched in September. The company offers a new, more socially integrated video experience.

According to TechCrunch, Streamweaver has actually found a way to make video more social. This is achieved by not only sharing videos with friends, and tagging video recordings, but in playback StreamWeaver allows for split screen. This way friends at the same event can watch their friends videos in a more complete, multiscreen display.

Early on Streamweaver was able to raise $2.6 million dollars locally from Tennessee Community Ventures and Mountain Group Capital according to the Tennessean. Both firms are part of the TNInvestco program.

Now they’ve raised a $1.3 million dollar Series A round that was led by former Facebook Privacy head Chris Kelly. Kelly joined the social giant in 2005 when there were only about 25 employees. He left in 2010 and began investing in startups. Kelly also recently invested in video startup GoDigital that produces documentaries.

“As mobile users, we all love to share content and connect with others on the go … and I’ve seen a lot of social startups,” Kelly told TechCrunch, “but Streamweaver is making a difference in how we collaborate with each other and collectively create interactive content.”

You can tryout Streamweaver here


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