Waywire was a
video-sharing website launched on April 16, 2013. The company was founded by
Cory Booker
Cory Anthony Booker (born April 27, 1969) is an American politician and attorney who has served as the junior United States senator from New Jersey since 2013. A member of the Democratic Party, Booker is the first African-American U.S. sena ...
, mayor of
Newark
Newark most commonly refers to:
* Newark, New Jersey, city in the United States
* Newark Liberty International Airport, New Jersey; a major air hub in the New York metropolitan area
Newark may also refer to:
Places Canada
* Niagara-on-the ...
, Nathan Richardson, former president of
Gilt City, and Sarah Ross, former executive at
Yahoo!
Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Man ...
and
TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare.
In 2010, AOL acquired the company for approximately ...
.
The company raised $1.75 million in
seed funding
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' su ...
.
Its investors include
Eric Schmidt
Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer known for being the CEO of Google from 2001 to 2011, executive chairman of Google from 2011 to 2015, executive chairman of Alphabet Inc. from 2015 to 20 ...
of
Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. ...
.
In October 2013, Waywire was acquired by Magnify.net, a video aggregation and curation platform founded in 2006 by New York City producer
Steven Rosenbaum
Steven J. Rosenbaum (born 1961) is an American author, entrepreneur and filmmaker. He was a Resident at TED in New York City and holds two patents in the areas of video curation and advertising technology. Rosenbaum is the co-founder, and Execut ...
. In April 2014, Magnify.net adopted the Waywire name for its existing enterprise software business.
References
External links
*
Online mass media companies of the United States
Video hosting
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