Overcast HQ secures $1.2m to advance its generative AI video platform and expand its team.
The funding round features prominent angel investors from Google, Trinity College Dublin, and industry veterans as the company targets global growth.
≈ £940K at $1 = £0.7829 on 4 Jun 2024
Dublin-based tech firm Overcast HQ provides a cloud-native video asset management platform powered by generative AI capabilities. The company helps major brands and broadcasters manage, search, and distribute their video libraries efficiently.
Dublin-based tech firm Overcast HQ has secured $1.2m in funding from a group of prominent angel investors to expand its team and develop its product further. The round includes backing from industry figures such as Google executive Paddy Flynn and former YouTube engineering lead Anil Kokaram.
Founded in 2015, the company provides a cloud-native Video Content-as-a-Service platform designed to help broadcasters and major brands manage, share, and archive video assets. The platform recently integrated generative AI capabilities to automate metadata tagging and enable conversational search functionality.
The fresh capital will support the company as it increases its global client footprint and prepares for a future Series A funding round. Overcast HQ currently counts organisations like Diageo, Vodafone, and the Royal Opera House among its clients.
From the founder
"We are grateful to our investors for this show of faith in the company,"
Philippe Brodeur
CEO and founder at Overcast HQ
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
Investors
Categories
About the company
Overcast HQ
Overcast HQ builds a generative AI-powered video asset management platform for brands and broadcasters.