History
Stringr was founded in November 2013 [3] by Wharton graduates Lindsay Stewart (CEO) and Brian McNeill (COO). [4] It was developed as part of the San Francisco-based startup accelerator, Matter. [5] By September 2014, the company had raised $550,000 from various angel investors. [4] Stringr's mobile app initially launched in San Diego and was in 10 markets by March 2015. [6]
In December 2015, the company raised $1.5 million in a funding round led by Matter, Signia Ventures, and Founder.org. [7] By July 2016, the platform was available in 200 U.S. markets with several media partners, including The Washington Post and Associated Press. [8] In October 2018, Stringr closed a $1-million funding round led by the Associated Press, McClatchy, Advection Growth Capital, and G5 Capital, bringing its total funding to $4.6 million. [2] In April 2019, it introduced a live streaming feature, [9] and the following month, the service was launched in the United Kingdom. [10] In June 2019, the company integrated with TVU Networks for live coverage. [11] In August 2019, Stringr partnered with Reuters, an international news organization. This integration lets Reuters Connect clients utilize Stringr's collection of video, as well as video editing services. [12] [13] In May 2020, Stringr raised an additional $5.75 million from Thomson Reuters, as well as G5 Capital and Advection Growth Capital, to total their funding at $7.25 million. [14]
This page is based on this
Wikipedia article Text is available under the
CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.
