Call me crazy, but I’m beginning to think that maybe—just maybe—this whole “video on the Internet” thing may catch on. And Portland Seed Fund alum Brandlive has found themselves sitting right in the middle of the next wave of opportunity with one of the biggest names in the business.
Today Brandlive announced that they have closed a $1.6 million investment round led by Oregon Angel Fund.
“Brandlive is the next step in the future of retail to provide brands with a turnkey live online retail store,” said Scott Sandler, fund manager, Oregon Angel Fund. “Imagine retailers and brands being able to have product experts available live just as if customers’ had walked into the brick and mortar store. This platform is transformative and will dramatically expand the reach of online retailers from small-to-large.”
And they’ve landed a new customer: GoPro.
“GoPro is constantly pushing technology innovation boundaries to enhance a customers experience,” says Nick Stagge, senior global training manager at GoPro. “We needed a first-of-its kind interactive platform to help retailers worldwide experience and share-first hand product knowledge with their customer. Our products connect people together and Brandlive helps us to communicate that vision in a simple and cost-effective manner to lots of enthusiasts.”
Brandlive is the leading solution for Live Video Commerce. Retailers and brands use the platform to create highly engaging online events for their products – combining live video, social interaction and instant commerce. Brands like Crock-Pot, Adidas & GoPro have dramatically increased customer conversion rates and lowered the cost of communicating product details to customers, partners, and employees using Brandlive’s turnkey solution.
For more information, visit Brandlive.