Zorap, Inc.

Zorap

Conference
DEMOfall 09
Market Segment
Consumer Software and Services
Funding Amount
$1,000,001-$5,000,000
Funding Round
Series A
Funding Details
Privately funded.
Competitors
Facebook, MySpace, Bebo, Twitter, LinkedIn
Product Description
Zorap monetizes social networks by enabling live social interaction around content. You and your friends can share and simultaneously experience almost any type of audio or visual media in our private, customizable group chat environments. Hang out -- see and hear your friends, listen to music together, watch movie trailers or music videos, share photos. Choose content from iMeem, YouTube and future partners. Zorap ad streams offer context-related products, such as tickets, music, and ringtones.
Market Opportunity
Zorap will enter the $25 billion social media market by enabling commerce and promotion between social networks and major media and product brands (music alone is estimated at over $10 billion), providing new monetization strategies for both.
DEMO Says
With rich and long experience in multicast video (Zorap's founders were DEMOgods in 1998 for products based on the video technology they developed), Zorap delivers the next-generation consumer chat service, a video-chat "hang out" for friends and co-workers. The system is designed to deliver quality video and audio in lower-bandwidth environments that encourages long sessions times without penalizing users for doing so. Where we'll see other companies delivering smart, meeting-focused video conferencing, Zorap is about providing an environment that encourages virtual casual gathering places, a very different sort of video conferencing.
Contact
Barry Spencer
barry@zorap.com
Company Address
35 Fieldstone Ln.
Falmouth, ME 04105
Primary Phone
207-239-1056
Primary Fax
831- 576-4064
URL
www.zorap.com
Officer One
Barry Spencer - CEO & Founder
Officer Two
Jeremy Egenberger - Co-Founder

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