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Vidigami Media Closes $1.25 Million Seed Financing Round
Monday, December 22, 2014Company Profile | Follow Company
Vancouver, BC, December 22, 2014--(T-Net)--Vidigami Media, developers of a leading place for storing and sharing school memories, today announced the closing of more than $1.25M in seed financing in 2014.
The round was led by Andrew Wright, managing director of Wright Ventures LLC, a Seattle-based seed stage investment fund, with participation from leading tech veterans and investors.
Vidigami will use the funds to fuel future growth in the billion-dollar photo industry, investing in sales, marketing and product innovation.
Vidigami is the only private, photo-sharing and photo-management system specifically designed to help schools worldwide better capture, organize, store and share their photos with their school community, according to the company.
"I've spent my career building digital imaging and consumer media businesses, " says Andrew Wright, founder of Smilebox.com and Real Networks and Microsoft executive. “Vidigami has identified a valuable segment of the consumer photo market that is under-served. I believe the opportunity is very exciting, and I look forward to continuing to help Vidigami realize its vision."
Seed round investors also include: Aaron Rallo, Former President of PNI Digital Media, James Fletcher, Director of Vision Critical, Laurie Wallace, Entrepreneur and Director, and Robert Cruickshank, Chair of Canadian Accredited Independent Schools (CAIS) and Former President of the BC Technology Industry Association, MDSI and Telus/BCTel Mobiity.
“There is no better way to share the experience schools are offering than through photos. Whether its parents, teachers, staff or students, precious memories are collected but seldom shared. Vidigami provides a safe, secure, easy to use environment to make these memories available to those who cherish them,” says Rob Cruickshank.
“For schools, an emotional attachment for parents increases the likelihood of their financial support. I've seen this first hand in my time at St George's and through the other CAIS schools. Vidigami helps create that attachment for the parents while their sons and daughters are at the school and for the alumni after they have left.”
About Vidigami
Vidigami is the place for school memories -- the system automatically recognizes faces, organizes photos, securely stores them online and privately shares them with everyone who is part of the school community. Through photos and videos, Vidigami offers schools a sophisticated content-management system and a powerful community-building platform that connects families to the school and its students in a more personal way than ever before. For families, Vidigami is a precious window into each child's unique year in school. And for each student, Vidigami is the repository for all her school memories and a showcase for her work and achievements.