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Communications Startup uZoom Has Raised $2 Million

Communications Startup uZoom Has Raised $2 Million to Enable Live Shopping
Credit: uzoom.me

uZoom announced it has secured $2 million in financing. Two investors contributed to the round, among them Broadmark Capital.

uZoom offers a geolocation-based mobile application that allows smartphone users to be virtually present anywhere in the world using livestream visualization. Users can request private streaming video sessions from another user in real-time. The app can be used for everything from private conversations to exploring the sprawling city of Bangkok with a local guide.

In its announcement, the company said it continues to raise money that will be used to fund its consumer platform, as well as another initiative related to shopping e-commerce that will be announced in the coming weeks.