As per the Vsnap blog, they have raised $750K in seed capital. The round was led by Ted McNamara, an entrepreneur and angel investor
who was a founding team member of Rue La La and is currently an
executive in residence at General Catalyst. Additional investments came
from Boston-based angels Chris Stafford and former MFS CFO Joe Dello
Russo. Also, MassVentures via the MassChallenge Fast-Track Funding Program and California-based Warm Springs Venture Investments.
Vsnap is a simple platform, web and mobile, for sending 60 second video messages. The key feature is the ability to attach any type of file to the video message. This is powerful because we all need to add context to the attachments we send to friends and colleagues. Video is an easier and richer way to do this. The result is recipients better understand what you're sending and why - and what you want them to do. Vsnap helps you get people to act.