Guide, a new technology startup based in Miami, announced Tuesday it has closed a $1 million round of seed investment from investors including Knight Foundation, Sapient Corp., MTV founder Bob Pitman, actor and producer Omar Epps, and early Google employee Steve Schimmel. Knight is supporting Guide through its new early-stage venture fund, the Knight Enterprise Fund.
Led by CEO and founder Freddie Laker, Guide’s team of seven is focused on turning online news, social streams and blogs into video for users who may be cooking, exercising, commuting or getting ready in the morning. The application offers consumers a selection of about 20 “anchors” — including a dog, a robot and an anime character — that will read the article and present the accompanying photos, pull-out information and video clips in its video presentation.The basic application will be free for the consumer. Revenue drivers for Guide could include in-app purchases, advertising-based anchors and customizations from publishers, said Laker, a former vice president at SapientNitro.
Laker and his team plan to launch a public beta next month, which they plan to do with a splash at the huge technology conference South by Southwest (SXSW) in Austin, Texas.
Read more about Guide here on the Starting Gate blog.
Miami startup that turns text to video receives $1 million in seed funding
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Miami startup that turns text to video receives $1 million in seed funding
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Miami startup that turns text to video receives $1 million in seed funding
