Social Video Broadcasting Platform Spreecast Raises $4 Million

Spreecast is a social video platform that lets people broadcast together, has raised $4 million in seed funding from Frank Biondi, former CEO of Viacom; Gordon Crawford, media and technology investor at The Capital Research Group and Edward 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.

Once live-streamed, Spreecasts are recorded and then made immediately available for playback and sharing. The platform is browser-based and built on Flash. By default, Spreecasts are public and designed to be social but users can also create private Spreecasts as well.

The new funding will be used to hire additional engineers and other staff and to help build out
the product platform and expand the community.