Streamweaver closes on $1.3M funding round

Former Facebook privacy chief leads effort, named to Nashville company's board

Nashville-based Streamweaver, Inc., has finally closed on its anticipated Series A funding round – a $1.3 million play – led by Chris Kelly, newly appointed board member and former Facebook privacy chief.

"I've been impressed with Streamweaver from the start, especially as a company outside Silicon Valley that's innovating in the social video space," Kelly said in company statement. "This is a sector I'm constantly watching and feel very passionate about as Streamweaver is certainly leading the charge in forming the next category in mobile, social video."

Kelly will hold a position alongside current board members Eric Satz of Tennessee Community Ventures, Byron Smith of Mountain Group Capital and Eric Burns, chief technology officer of Panopto, Inc.

Kelly, Smith and the INCITE Co-Investment Fund are new investors to the Streamweaver table through their participation in the offering.