Klip closes $8M Series B round led by Benchmark Capital
We’ve been amazed by your response since we launched Klip just under two months ago. Collectively you’ve embraced Klip and its social features, uploaded an impressively diverse set of videos and formed a dynamic community. Thanks to you Klip became the highest ranked social video app in the App Store from the day it became available and we haven’t looked back.Today we’re thrilled to announce that Klip has raised an $8M Series B round of financing led by Benchmark Capital. Our Series A investors -- Matrix Partners and Alain Rossmann -- have also participated in this round of financing. Bruce Dunlevie of Benchmark will join Josh Hannah of Matrix Partners and Klip Founder/CEO Alain Rossmann on the Board of Directors.Over the past couple months you’ve also provided us with a ton of useful feedback; this new round of financing gives us the resources to deliver on the many great features you have suggested. Our mission is to connect people through the magic of mobile video and we continue to be laser-focused on providing you with the best, and most innovative, mobile video experience.The Klip Team
