Podcast company

Oren Zeev Leads $ 2.5 Million Fundraising Round In Podcast Company Riverside.fm

Popular customers who use the software include Hillary Clinton, Spotify, Disney, Marvel, BBC, and Verizon Media

Meir Orbach 15:0305.11.20

The Riverside.fm video podcasting platform has received $ 2.5 million in seed funding led by Oren Zeev, an Israeli-American venture capitalist and director of Zeev Ventures. Riverside.fm was started by Nadav and Gideon Keyson, two American Jewish brothers, the first of whom recently moved to Israel with the other also on the way. The company has developed a system for recording high-quality podcasts and videos, and has many big name clients including Hillary Clinton, BBC, Disney, Spotify, Marvel, and Verizon Media. The brothers hope to use the funds to expand their business, and primarily to invest more in the product. Today, the company employs seven people and hopes to locate primarily in Israel.

Riverside.fm’s recording system allows users to record audio podcasts and videos in 4K regardless of internet connection speed. Nadav Keyson, CEO and co-founder of Riverside.fm, told Calcalist in an interview from his home in Amsterdam that he plans to emigrate to Israel soon. “In the past, my brother and I had a debate platform and we used it to develop a podcast and video creation system. The coronavirus pandemic (Covid-19) took us by surprise and demand has skyrocketed. A lot of people who used to be filmed and recorded in the studio started recording from afar, and that’s how our tool became ideal. So far, we have remained afloat without external funding and have been successful in generating profit and income. The new investment will allow us to grow quickly, ”he said.

Head of Zeev Ventures Oren Zeev. Photo: John Todd

“Over the past decade, podcasts have grown from a niche hobby to a billion dollar industry and the pandemic is pushing the industry into rapid new growth,” Nadav said. “People at home are hungry for content more than ever, and producers and businesses are eager to meet that need. ”

“Nadav and Gideon have created a product that is changing the way podcasts and communications companies record video interviews,” said Oren Zeev. “The fact that they’ve created a whole new paradigm for recording audio and video, and been able to attract clients like Hillary Clinton and Disney in less than a year, is impressive. I am delighted to be an early stage investor and expect rapid growth in the years to come. ”


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *