Glide Raises At Least $1 Million For Instant Video Messaging App [Update]

By Megan O'Neill 

Backed by seven figures in funding, today Glide announced a new instant video messaging app that allows you to enjoy video messaging in real time, or on your own schedule.

A press release explains, “Live video chat is expressive and personal, yet can be a hassle to schedule, especially with groups of friends and family across different time zones.  Texting is simple and convenient, yet lacks the personality of video.”  Glide solves this problem with an instant video messaging solution that broadcasts messages live the moment the user being recording, while simultaneously saving broadcast messages to the cloud so recipients can enjoy them later.

The free app, which launched today on iPhone and is coming soon to Android, touts the following features:

  • Real time broadcasting with no need to wait for videos to upload or download
  • Group chat sans the need to schedule in advance
  • Autoplay lets you easily catch up on all your conversations
  • Low bandwidth – Data usage is half that of conventional video calls
  • Videos are stored in the cloud so they don’t take up space on your device
  • Text & Emoji support lets you react to friends’ broadcasts in real time

Philippe Schwartz, founder and former CEO of ooVoo, who also happens to be Glide’s Executive Director and a shareholder, says, “Glide seamlessly combines the best of video and messaging with a groundbreaking product that will disrupt the world of communications.  Initial feedback has been overwhelmingly positive, and we will continue to improve the product based on the needs of our users.”

The application rose to No. 1 in Social Networking apps and No. 3 in Top Free Apps in Israel, following a soft launch on March 7.  But what’s really impressive is the whopping seven figures that the company was able to raise leading up to the launch.  In addition to Schwartz, shareholders include Orey Gilliam, former CEO of ICQ and AOL IM.

A spokesperson for the company told me, “The funding will support Glide’s growing team and will aide in further development of the iOS app and creation of the Android version.  Glide’s sole focus right now is creating the best communication experience possible for their rapidly expanding user base. The funding will also support infrastructure, server side costs, and further development of Glide’s core, patent-pending video technologies.”

Update: Our previous title incorrectly reported that Glide raised over “1 billion” instead of “1 million.” Blame Megan and her terrible math skills.

Megan O’Neill is the resident web video expert here at Social Times.  Megan covers everything from the latest viral videos to online video news and tips, and has a passion for bizarre, original and revolutionary content and ideas.