Stringr is a digital media and SaaS startup founded in 2013 and headquartered in the United States. The company offers a remote newsgathering software solution for cloud-based video sourcing, production, streaming, and distribution. With a network of over 120,000 videographers, it is the largest contributor network of its kind, offering a simple solution for organizations to access both live and on-demand video content.
Stringr's cloud-based video platform not only allows organizations to browse, request, and purchase video content but also provides video asset management, enhancement, editing features, as well as collaboration and sharing tools. This enables outlets to create and distribute video content quickly and easily, addressing the growing demand for video content in the digital media landscape.
On March 14, 2024, Stringr secured a $5.40M investment in the form of a Convertible Note, indicating investor confidence in the company's potential for growth and innovation. This investment will likely support the company's further expansion, technological developments, and market penetration.
Stringr's innovative approach to video sourcing and distribution, along with its recent investment, positions it favorably in the digital media and SaaS industries. It reflects the growing importance of video content and the need for efficient, cloud-based solutions in today's media landscape, making it an intriguing prospect for venture capitalists seeking investment opportunities in this space. As Stringr continues to expand its network and enhance its platform, it presents an exciting potential for both industry impact and financial returns.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $5.40M | - | 14 Mar 2024 | |
Seed Round | Unknown | 1 | 01 Sep 2020 | |
Series A | $5.75M | 5 | The Associated Press, Reuters +2 | 28 May 2020 |
Seed Round | $1.00M | 5 | The McClatchy Company, The Associated Press +2 | 08 Oct 2018 |
Seed Round | $1.80M | 4 | The McClatchy Company, Ned Lamont +2 | 26 Jun 2017 |
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