August 14, 2013
Today, DC-based conference call startup Speek announced $1.1 million in funding.
The investment came from a variety of angels, including Stewart Allen, CTO of AddThis; Michael Chasen, cofounder of Blackboard and founder of SocialRadar; Timothy Chi, cofounder of Blackboard and WeddingWire; and Sonny Ganguly, cofounder and CMO of WeddingWire. The latter three invested through NextGen Angels, an angel group for investors under 40 in DC.
Speek lets users create conference calls with a URL (http://speek.com/YourName) rather than a phone number and pin. Their goal is to refresh the outdated conference call experience – for example, letting you see who’s talking and share files. Earlier this year, the startup launched iPhone and Android apps for calls on the go. May marked the launch of their paid, Pro version, and they’ll use this funding to continue improving the product.
Speek previously raised $1.5 million and is considering this funding a “bridge round” between its funding in December and February and its Series A.
Tech Cocktail’s CEO Frank Gruber and COO Jen Consalvo are members of NextGen Angels. Speek CTO Danny Boice is a Tech Cocktail contributor.
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