Thursday, February 28, 2013

Video Chat Startup Rabbit raises 3.3 M from Google Ventures

Video chat startup Rabbit raises $3.3M from Google Ventures, others



Video chat startup Rabbit, led by Gregory Fishbach, has raised $3.3 billion from Google Ventures and others
Senior Technology Reporter- Silicon Valley Business Journal
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Video chat startup Rabbit said on Thursday that it has raised $3.3 million in seed funding in a round that included new investors Google Ventures, CrunchFund and Bebo founder Michael Birch.

The San Francisco company earlier this month launched a private beta of its video chat service. The app lets users watch videos, listen to music and share any type of content together while video chatting with their friends.
"Rabbit's design and user experience is unlike anything I've seen," said Kevin Rose, general partner at Google Venture, in a prepared statement. "Video chatting is always designed for utility, but Rabbit has created an online social experience that is closer to hanging out with your friends in real life. I can't wait for the world to see it."
Rabbit was founded in 2011 by four videogame veterans: CEO Gregory Fischbach, Stephanie Morgan, Nicholas Reichenbach and Philippe Clavel.
Click here to read the press release about Rabbit's funding.
Click here to subscribe to TechFlash,the newsletter that covers startups, venture and angel investors.
Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

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