Overcast announces expansion plans after €500k funding round – TechCentral.ie
by Overcast HQ
Video collaboration platform Overcast is to hire 70 people over the next three years after raising €500,000 in its latest funding round.
The company had previously raised €100,000 through angel investment and Enterprise Ireland’s Competitive Start Fund last year. Overcast has also received funding through Amazon’s Activate programme.
The start-up, which has been described as ‘Google Docs for Video’, won the Enterprise Ireland High Potential Startup (HPSU) Sprint competition last year and was named by Google as one of the top 40 Irish start-ups to watch.
We can’t wait for the IBC Show (13–17 Sept) this year, particularly because we’ve been chosen by AWS to exhibit in their booth. You can meet with our CEO to discover how to make video collaboration effortless. You can also see a demo of our video collaboration software — and enjoy a free breakfast — during an exclusive Avid event at IBC on Saturday 14th September. We have 25 tickets to give away for this event.
Size matters. And when it comes to video file sizes — things are just getting bigger. Over the last decade, we’ve graduated from standard definition to high definition, 2K, 4K and now 8K. Combine that with image enhancement technologies and we are talking about file sizes ballooning. But it’s not just the media and entertainment industries that are chasing higher quality; businesses and brands are jumping on the bandwagon too. So just what are the implications for businesses?
We want to make content creation easier for you, your clients and your bosses. And by that we mean that we want you to spend more time being creative and less time fiddling around with technical tasks.
So, we are delighted to announce two improvements to the Overcast HQ platform: annotations and a dark UI.
It’s tech heaven in Nevada this week with two of the key global media, entertainment and technology conferences taking place back-to-back. Las Vegas doesn’t do things by half so it’s the ideal place to host these phenomenal events.
We could feel the excitement among the crowds as soon as our plane landed and we couldn’t wait to get to our stand at Avid Connect to start chatting with other tech enthusiasts.