Monday, December 31, 2012

CrowdOptic Gets Debt Funding

San Francisco-based CrowdOptic, a developer of mobile video applications being aimed at crowd-sourcing of smartphone videos at events, said Monday that it has closed on an additional debt financing round. The funding came from Silicon Valley Bank. Size and terms ofthe debt funding were not announced. CrowdOptic's software tracks smartphone cameras in a crowd and helps filter out social media from the crowd. More information »