Toronto startup Keek raises $5.5 million

Posted by Techvibes NewsDesk

Toronto-based Keek has raised $5.5 million in equity financing from a group of investors led by AlphaNorth Asset Management and Plazacorp Ventures. The company plans to use the funding to "strengthen the team, rapidly roll out new features and accelerate global expansion."

"We are thrilled to have closed this round of financing; it's a great vote of confidence in our product and our team," said Isaac Raichyk, Founder and Chief Executive Officer of Keek Inc. "Keek starts at the intersection of microvideo, social networking and mobile apps, then steps it up a notch."

Keek is a new social networking platform that allows users to instantly share video status updates with friends, followers or the world via webcam or via the Keek Android and iPhone mobile apps. Keek integrates seamlessly with other popular social networks. 

AlphaNorth is a Toronto investment manager that believes returns are achievable by "exploiting inefficiencies in the Canadian small cap universe." Plazacorp has been actively making venture capital investments in Canada and the United States for the past 15 years. 

Company:
Keek Inc.
Website:
http://www.keek.com
Location:
Toronto, Ontario, Canada

Keek is the easiest way to share microvideo with friends, family and the world. You can upload video status updates ("keeks") using your webcam or the Keek app for Android and iPhone. Reply back with text or video comments ("keekbacks"), push your keeks to other major social media networks and embed them into your blog or website. Connect with friends, share funny videos and more. It's a fun new way to meet people... more


blog comments powered by Disqus

Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more




Who's Hiring



Recent Comments

Powered by Disqus