Seed investment part of Valhalla's push to fund D.C.-area enterprise software disruptors
VIENNA, Va., Feb. 4, 2013 /PRNewswire/ — Valhalla Partners today announced its seed investment in Ashburn, Va-based Speek, a simple visual conference platform that uses a personal link (e.g., speek.com/YourName), rather than a traditional phone number and PIN to connect conference calls. Valhalla joins in the investment with several angel investors.
"We're changing the way people make calls – for good," said Speek co-founder and CEO John Bracken. "Instead of fumbling for a bridge number and a PIN, Speek gives you a memorable Speek link to distribute for your calls. To join a call, simply click the link and put in your number. You're connected to a visual conference room on the web or our iPhone app, where Speek gives you the tools to run a productive meeting."
Speek supports connection by landline phone, by computer, and by mobile phone. A web display of a conference call shows all participants by name or phone number, indicates who is speaking, and allows the call organizer to manage participation.
"Speek epitomizes everything that's great about the tech environment in the greater Washington, DC area," said Valhalla Partner Kevin Greene, who led the investment. "There's a lot of sophistication here about what it takes to write enterprise-grade software coupled with a deep bench of consumer-oriented software talent. Software that's consumer-friendly and enterprise-ready is completely disrupting the business world."
About Speek
Speek is super simple, free and visual conference calling. Use a personal or business link (i.e., speek.com/YourName), instead of a phone number and PIN for conference calls. Nothing to download and no elevator music. See who's joined, who's talking, share files, use call controls and more. Reserve your Speek link at www.speek.com.
About Valhalla Partners
Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm's management team has made more than 120 investments over the past twenty years and produced almost $1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge, and fundamentally change the dynamics of new and existing markets. Investments by Valhalla's team include Advertising.com, Avail-TVN, JumpTap, LeftHand Networks, Nirvanix, Progress Software, Proxicom, Qumulo, RealOps, Register.com, Riverbed Technologies, SafeNet, ServiceBench, SolidFire, Videology, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.
For more information, go to www.valhallapartners.com.