CloudApp secures $4.3 million in seed funding to advance video led collaboration for enterprises

The global team collaboration software market size is expected to reach $16.60 billion by 2025. Surging demand for communication and conferencing solutions among enterprises is likely to drive the market. CloudApp is one of the leaders in collaborative tech space. The startup provides an all-in-one visual sharing platform that lets you record, host, and share short videos,  GIFs, and screenshots.

Today CloudApp announced today a seed investment of $4.3 million to invest in the fast growing enterprise led product that already includes Chrome, Mac, and Windows applications and to scale sales and marketing. The round, which was led by Kickstart Seed Fund, will also include previous investor Cervin Ventures, Bloomberg Beta, Kyle York, VP Strategy at Oracle, and new entrants SAP.iO, Qualtrics CEO Ryan Smith, Traeger CEO Jeremy Andrus, the CEO (Karl Sun), COO (Dave Grow), and Head of Sales (Dan Cook) from Lucid Software, and the co-founders of Teem, (Dan Caffee and Shaun Ritchie), a WeWork company. In conjunction with the funding, CloudApp also announced that Gavin Christensen, Managing Director of Kickstart fund, will join its board of directors.

Founded in 2015 by Scott Smith and Tyler Koblasa, the San Francisco-based CloudApp is a high growth video solution in the collaborative tech space with a near 5 star business user rating from G2 Crowd, Trust Radius, and Gartner Peer Insights. Using its combination of screen recording, screen grabbing, and GIF creation tools and with its integrations with workflow tools Zendesk, Slack, Adobe, Drift, Zapier, and others it is uniquely positioned as an indispensable video led enterprise solution.

“We are thrilled to partner with CloudApp,” said Gavin Christensen, Managing Director of Utah’s largest seed fund Kickstart. “With 3MM+ users and nearly 1,000 corporate customers, CloudApp allows businesses to effortlessly use video and screen capture to improve both productivity and customer experience leading to revenue growth. One of their enterprise customers told us that if they discontinued their subscription with CloudApp, ‘there would be a riot!’ We expect great things in the near future.”

“We are excited to work with Kickstart, continue to work with Cervin and have several new entrants to draw from,” said Scott Smith, CEO of CloudApp. “The growth potential is limitless with both the financial and intellectual capital we gain through these partnerships. This group has been extremely supportive with our plans and impressed by our raving enterprise and individual fan base.”

“I use CloudApp a dozen times a day to share with my coworkers, my friends around the world, and my family,” said Khoi Vihn, Principal Designer at Adobe. “CloudApp is an indispensable tool because it’s easy and fast to share anything from my computer.”