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February 04, 2013

Valhalla Partners Invests in Dynamic Conferencing Company, Speek


With its focus on companies in the next-generation infrastructure area, Valhalla Partners, along with several angel investors, are attempting to focus its investments on companies that are looking to innovate, challenge and change the dynamics of the markets, which is why it chose to invest in the Ashburn Va-based Speek.

Speek, looking to disrupt the teleconferencing market, is aiming to overcome the hassle of distributing a bridge number with a PIN and meeting passcodes by simply using its own company link to create a speedy browser-based call experience.

“We’re changing the way people make calls – for good,” said John Bracken, co-founder and CEO at Speed.

To join a call, users reportedly just have to click the link and put in their number to get connected to a visual conference room on the Web or the company's iPhone (News - Alert) app, where Speek gives enables conference members to run a productive meeting. A Web display of a conference call shows all participants by name or phone number, and also indicated who is talking at a particular period. This allows the call organizer to manage participation.

And the best part is that it eliminates the headaches of a traditional call so users don’t have to download any applications or register to join the free call.

“There’s a lot of sophistication here about what it takes to write enterprise-grade software coupled with a deep bench of consumer-oriented software talent. Software that’s consumer-friendly and enterprise-ready is completely disrupting the business world,” said Kevin Greene, Vallhalla partner, commenting on the Speek's abilities.

Speek supports connection by landline phone, computer, and mobile phone, and according to Greene.

Valhalla Partners is a trusted partner and advisor to technology entrepreneurs who want build world-class companies. The current seed investment is part of Valhalla’s push to fund D.C.-area enterprise software disruptors.




Edited by Ashley Caputo

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