Freestyle Capital led a new round of early stage funding for Chute, a Y Combinator backed company that helps apps and sites capture, manage and display media files. Battery Ventures, USVP and Salesforce.com, as well as individual investors Joe Fernandez, Binh Tran and Joshua Reeves, also contributed to the round. The company did not disclose the amount raised.
Chute, the Y Combinator backed company that helps apps and sites capture, manage and display media files, today announced it has secured a new round of early stage venture funding. Freestyle Capital (who led), Battery Ventures, USVP and a handful of strategic investors including Salesforce.com, Joe Fernandez and Binh Tran (the CEO and CTO of Klout), and Joshua Reeves (CEO of Zen Payroll) contributed to the round.
Chute makes it easy for content producers and app developers to add photo functionality to their apps or sites by simply embedding a few lines of code. Chute’s technology gives developers and online publishers a cloud-based backend for image uploading, processing, moderation, third-party API integrations and user authentication.
“The best brands and publishers in the industry are bringing user generated media alive and displaying it on their site, on their Facebook pages, in their mobile apps, or at live events; anywhere their content lives,” said Ranvir Gujral, Co-Founder of Chute. “Chute lets them do this. With Chute, publishers, brands, and application developers no longer have to re-invent the wheel every time they want to build functionality to capture user generated media like photos. We’ve got a lot of work ahead of us, believe it will be an exciting ride and feel great about the investors we have alongside us.”
While still currently in beta, Chute has seen incredible customer growth and engagement since its inception in 2011, including a number of new customer use cases at publishers like NBCNews.com and Lucky Magazine, big brands like Taylormade and Havaianas, and live entertainment companies like House of Blues Entertainment and L.A. Live. Given Chute’s cloud based platform is of particular interest to large publishers and media companies, the company was accepted into Turner Broadcasting’s new accelerator, Media Camp, a selective program for digital media startups.
“Chute has taken the time to understand and address the TODAY.com strategy for social sharing,” said Jen Brown, TODAY.com General Manager. “The Chute user experience integrates beautifully with our editorial product, making for a seamless user experience and maximizing engagement.”
“As a founder of two successful digital media companies, I got the explosive potential of Chute in the first meeting,” said Josh Felser, Freestyle Capital Co-Founder. “There is no better way for publishers and brands to add images and related virality to their online experiences and the Chute team knows this space intimately.”
Mikey Kilun, Senior Manager, Social Media for House of Blues Entertainment adds, “Chute provides a long awaited branded UGC experience, which we’re leveraging across several key House of Blues Entertainment social media and web assets. With Chute we are able to utilize hash-tag driven content feeds, which are highly viral and go a long way to drive brand awareness and fan engagement with our venues and events.”
The company will apply the new funds to hiring and investing in sales and marketing.
Founded in 2011, Chute is a mobile and web platform that makes it easy to add photo and video functionality to any application or site. Chute combines cloud infrastructure with extensive APIs, SDKs and developer tools to provide instant media infrastructure to new and existing mobile and web applications. Chute enables developers to rapidly build almost any media-centric application imaginable. SlideChute, built on top of the Chute platform, makes it easy to collect, manage and display photos across the web. SlideChute allows any publisher or app to seamlessly integrate user generated uploads from any source.