Avid video creators Dan McEleney, Jeff Harris and Richard Rabbat (formerly of Tango, Zynga and Google), saw a radical shift in consumer behavior in early 2013 as the rise of mobile communication led to a proliferation of short communication forms, from text messages to tweets and emojis. They incorporated Gfycat in 2015 to usher in a new era of short-form content, pushing the boundaries of visual quality and user interaction. Gfycat is a community of video moments, where people turn to see the day's most fun and relevant clips. The Gfycat format is short, looping, and soundless -- a set of constraints which breed expressive creation and frictionless, viral consumption.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/23/16 | $10,000,000 | Seed |
Alsop Louie Partners Jeong Kim Pear Ventures Stanford-StartX Fund You & Mr Jones | undisclosed |
