Rabbit Raises $3.3 Million Seed Round

It’s pretty cool that a startup we covered just a few days ago just received investment from some big investors. Rabbit, whose co-founder we had the pleasure of interviewing recently, is a startup that has created a one-of-a-kind video chatting application that allows users to share music, movies, and interact with an unlimited number of people.

Today, the Rabbit team is announcing their $3.3 million seed round.  New investors Google Ventures, Crunchfund, and Bebo founder Michael Birch will be joining existing angel investors in backing the video-chat revolutionary. The round of funding coincides with the launch of Rabbit’s private beta earlier this month. With this capital, the team will continue to invest in its new video-chat/media-sharing application.

What has us particularly excited about this startup is the background of their founders – video gaming. Using their knowledge of internet infrastructure and principles from massively multiplayer online gaming (MMOGs), Rabbit’s team has been able to create an app with capabilities that aren’t available in current video-chat options. Furthermore, this team  is focused on getting the user experience right.

“[O]ur only real goal is to make it fun and easy for you to have meaningful, real-time interactions with other people,” said co-founder Stephanie Morgan during our interview. “That can be anything from listening to music and chatting with your best friend while you’re working on homework, or giving a presentation to hundreds of your co-workers. When you’re in Rabbit, we don’t want you to need to think about the tech or the UI – you should be able to just enjoy your conversation and the experience.”

By giving users the ability to hop from conversation to conversation (much like you would at a party) or auto-adjusting webcam to appear as if users are looking directly into the eyes of the people they’re speaking with, it’s clear Rabbit is working hard to make online conversations more personal.

If you haven’t already had a chance to try Rabbit out yet, you can get access to their private beta by doing the following:

1) Follow @LetsRabbit on Twitter
2) Tweet the following:  “I want to #GetRabbit! http://bit.ly/ZBIyEl

The first 50 people to do so will get an invite.

For more information, you can visit Rabbit’s website at http://www.rabb.it.

Are you as excited as we are for Rabbit? Is this something you’d use? Let us know in the comments below or tweet us @Startuplowdown!

From top right to bottom left: Greg, Nicolas, Philippe, Stephanie

From top left to bottom right: Greg, Nicolas, Philippe, Stephanie


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