SocialCam and Viddy. both extremely popular video sharing services, have been in competition for quite sometime now. However, Viddy may have just separated itself from the ‘other side’ with a thirty million dollar investment from conventional shareholders which had just been announced today (Friday May 11.)
This is big news for Viddy since popular belief has lead VC’s and Angels to assume the popular mobile video start-up may be the next big target for companies like Faebook, Google or Twitter. Talk has been circling around the two companies being sold after Facebook’s one billion dollar buy out of Instagram.
Investors include famous celberties like Will Smith and Shakira along with popular big name brands such as NEA, Goldman Sachs, Battery Ventures and Khosla Ventures. To go along with the companies thirty million dollars in seed funding, Viddy is also on the rise toward thirty million registered users, a huge step for the red hot video start-up.
If all this attention was not enough for Viddy, the King of social media, Mark Zuckerberg posted his first ‘Viddy video’ to be a part of the fun. The video is only fifteen seconds long but has brought in more than three thousand likes and five hundred comments.
According to Viddy’s most recent blog post labeled ‘Big Vision & Big Ambitions’ the company had the following to say in a statement: “Obviously, we are all very excited about recent developments and the opportunity that we have been afforded to build an extraordinary company and an outstanding brand.”