KC tech firm’s video app records $600K

July 14, 2015  |  Bobby Burch

Screen Shot 2015-07-13 at 4.59.26 PM

A local tech firm is planning to accelerate development of its mobile video application thanks to some new funding.

Laura

Laura Steward

Kansas City-based Digital Legacy landed $600,000 in May to fund the creation of its “VideoFizz” app, which allows a group of users to collaborate on a personalized video message for birthdays, anniversaries and other special events. Missouri Technology Corporation offered $200,000 in a matching grant in the round, which also included a Kansas City angel investor and other private investors.

Digital Legacy CEO Laura Steward said the app is a new approach for the company that’s been quickly gaining traction.

“It really fills a gap right now,” Steward said. “People want to do something personalized and creative but they don’t have a lot of time. We’ve reduced ourselves to just saying ‘happy birthday’ on Facebook, and this is so much more fun and just as easy to do.”

After downloading Video Fizz, a user may pay to create a collaborative video and send an invitation to others to record themselves. After users submit their respective videos, Video Fizz combines them and allows the purchaser to arrange clips and apply one of 16 themes.

The videos are used for such events as birthdays, anniversaries, weddings, graduations and others. Steward said that the Video Fizz app will be available on iOS and Android devices in September.

“This is a very simple way to give something personal through technology,” she said. “People get so creative with them. There’s no way to take your personality out of it.”

Digital Legacy previously focused its efforts on LiveOn, a social media platform that allows you to digitize media and create digital time capsules. While it still offers the services, the company will be focusing more on Video Fizz.

Previously an executive in the genetics industry, Steward currently is in the Pipeline Entrepreneurial Fellowship program, which taps the experience and network of powerful entrepreneurs in the region. She said the program has been invaluable to Digital Legacy, particularly as its focus has shifted.

“If I hadn’t had Pipeline I probably wouldn’t have figured this out,” Steward said. “This (change in focus) really came from a market validation exercise that we did in the fellowship program. … If I hadn’t had that program I could’ve spent two years trying to figure out what people wanted.”

To learn more about Video Fizz, click here.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2015 Startups to Watch

        stats here

        Related Posts on Startland News

        George Brooks: Two words that can change your business

        By Tommy Felts | January 6, 2017

        Some of the biggest moments in any business start with two simple words: What if? After these words, great opportunity can follow. Businesses have started, discoveries made, and movements ignited around this simple curiosity. These words help find the right problems to solve. They help discover the best solutions. They may lead to failure or…

        Pipeline announces award finalists, judges for the Innovators

        By Tommy Felts | January 6, 2017

        The Kansas City-based Pipeline Entrepreneurial Fellowship announced Friday the award finalists and national judging panel for its annual awards, the Innovators. Formerly known as Innovator of the Year, Pipeline’s culminating event is set for Jan. 26, during which 13 fellows from the region will pitch their firms to the judges. Later in the day, the…

        Tech firm LendingStandard raises $600K, lands big client

        By Tommy Felts | January 5, 2017

        Kansas City-based tech firm LendingStandard announced Thursday that it’s closed on an angel capital round of $600,000. CEO Andy Kallenbach said he’s pleased with the direction of the startup, which created software for multi-family lender organizations. Kallenbach added that he’s excited by what opportunities the financing affords LendingStandard. “This investment will allow us to develop new…

        Victor Hwang

        Victor Hwang illuminates the Kauffman Foundation’s entrepreneurial vision, new hires

        By Tommy Felts | January 5, 2017

        Victor Hwang, the Ewing Marion Kauffman Foundation’s vice president of entrepreneurship, recently took to LinkedIn to map out his vision for 2017 and beyond. In addition to making a series of new hires, Hwang outlined the four main areas of focus for the foundation: entrepreneurial education, entrepreneurial ecosystems, market gaps and big ideas. “We are…