Testimonials are good for business, and VideoPeel, a Lehi, Utah-based startup, is helping companies remotely capture and publish them. The company is the first of our startups to watch: it raised a $1.5 million seed round to advance its automated video testimonial platform.
Active Capital led the round with other participants including Next Coast Ventures, eonCaptial, and some angel investors.
The startup will use the new funding to advance its technology and expand its sales team to help meet demand, co-founder and CEO Patrick Tedjamulia told me. He wants to double the size of his four-person staff by the end of the year.