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TouchCast Raises $55m in Funding Round Led by 55M Ventures

Anus Khatri by Anus Khatri
March 12, 2023
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TouchCast Raises $55m in Funding Round Led by 55M Ventures
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TouchCast is an interactive video platform that allows users to create and share video content that is engaging and interactive. The company was founded in 2010 by Erick Schonfeld and Edo Segal. TouchCast has recently raised $55m in a funding round led by Venture Capital firm 55M Ventures. This funding will be used to accelerate the development of the platform and to expand the company’s reach globally.

Smart Video: Enhancing Remote Communication, Learning and Collaboration

Smart Video is the core feature of TouchCast, which allows users to create video content that is enriched with interactive elements such as polls, quizzes, hotspots, and documents. This creates a more immersive experience for the audience, which can help to increase engagement and retention. With the rise of remote communication, learning, and collaboration, TouchCast provides an innovative solution to make virtual meetings and events more engaging and interactive.

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Video Production Tools: Creating Professional-Quality Videos

TouchCast also comes with a range of video production tools that enable users to create professional-quality videos. These tools include a teleprompter, green screen, audio and video filters, and editing tools. These tools make it easier for users to create high-quality videos without the need for expensive equipment or technical expertise.

Real-Time Collaboration: Collaborating from Anywhere in the World

TouchCast enables real-time collaboration between team members, no matter where they are in the world. This means that team members can work together on projects in real-time, which increases productivity and streamlines the workflow. This feature is particularly important for businesses that have teams in different locations or educational institutions that need to deliver content to students in remote locations.

Virtual Events: Hosting and Attending Events Remotely

TouchCast also supports virtual events, which means that users can host and attend events remotely. This is an ideal solution for businesses that need to host events for customers or for educational institutions that need to deliver lectures or workshops remotely. With virtual events, users can save time and money on travel expenses, and attendees can participate from anywhere in the world.

Analytics: Measuring the Effectiveness of Video Content

TouchCast also comes with built-in analytics tools that enable users to track engagement and measure the effectiveness of their video content. This can help users to optimize their content to improve engagement and retention. By analyzing the data, users can identify what works and what doesn’t, which can help them to create more effective video content in the future.

55M Ventures: Investing in the Future of Communication and Collaboration

55M Ventures is a Venture Capital firm that focuses on investing in companies that are disrupting traditional industries with innovative technology. Their investment in TouchCast is a testament to the potential of the platform to transform the way people communicate, learn, and collaborate remotely. The funding will be used to accelerate the development of the platform and to expand the company’s reach globally.

Final Thoughts

TouchCast is an innovative platform that is designed to enhance the way people communicate, learn, and collaborate remotely. Its Smart Video feature, video production tools, real-time collaboration, virtual events, and analytics tools make it an ideal solution for businesses and educational institutions that need to communicate remotely. The recent investment by 55M Ventures is a testament to the potential of this platform, and it will be exciting to see how TouchCast continues to innovate and grow in the future.

SEE ALSO

Tags: touchcast 55m accenturetouchcast 55m accenture ventureslundentechcrunchtouchcast 55m series accenturetouchcast 55m series accenture ventureslundentechcrunchtouchcast 55m series ventureslundentechcrunchtouchcast 55m ventureslundentechcrunch
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