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LiveMinutes Raises $1.4M Seed Round For Its Real-Time Collaboration Service, Announces Partnership With Evernote
Real-time team collaboration service LiveMinutes today announced that it has closed a $1.4 million seed round. The round was led by Great Oaks Venture Capital -- a VC firm that previously backed the likes of Trulia and OkCupid -- with participation from New World Ventures, former Facebook business development head Ali Rosenthal and Match.com CEO Sam Yagan.�
As the company's founder and CEO Kemal El Moujahid told me earlier this week, LiveMinutes plans to use this money to extend its marketing efforts and to implement more partnerships with industry players. "We also have a really exciting roadmap we want to implement with regards to real-time collaboration," El Moujahid told me.�
LiveMinutes launched about 18 months ago as a web-conferencing service with a focus on document sharing. Since then, it has morphed into a fully featured collaboration service that still includes live video conferencing, as well as real-time document and to-do list editing, image annotations and some basic sketching tools. The product today feels a bit more like a lightweight version of Podio and less than a video conferencing service, though videoconferencing is still available (and uses WebRTC on Chrome).�
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