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May 7, 2020Founded by experienced serial entrepreneurs in the SF Bay Area and a team of seven engineers specializing in video communication development, this technology startup is a video chat platform built to support inbound video calls with a single click of a URL or scan of a QR code.

The capabilities of the system are unique among video calling applications. The founders have defined 3
different markets for video communications and have built out a platform to support the model of enterprise scale inbound video calls.

1. Ad-Hoc Consumer Connections - These technologies support ad-hoc video calls between 2 known users.
Examples are Facetime, Whatsapp and Skype.
2. Scheduled business connections - These technologies replicate a business meeting over video conference. Meetings are scheduled in advance, known attendees are invited to attend at a set time. Examples are WebEx, Zoom and Google Hangouts
3. Call Center inbound video calls - These are inbound video calls from customers and prospects, they occur at random times throughout the business day and go into a queue for the first available agent to receive the call.

By clicking a link or scanning a QR code, the system allows callers to instantly connect to businesses via
video, regardless of device, operating system or network in use. The platform includes analytics, user and
queue management capabilities and the backend infrastructure to support enterprise scale video calls.

With the rapidly evolving work environment, the system is being expanded to support ad-hoc group video calls with up to 10 participants. The company also has a patent pending for 1-click video calling.

This is a new, green field segment of the video calling market. No other existing video calling vendors have
developed the technology to meet the requirements of high volume, inbound video calls.

The business has received angel investment and is currently cash flow positive due to low expenses and low cash/high equity based compensation plan. The technology offers tremendous upside potential to an acquirer able to fund its rapid growth. The founders would prefer to stay engaged and grow the business.

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Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.