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Loom video communication tool raises funding to bring shareable video to the office

Enterprise video communication startup Loom just raised $11 million in a Series A funding from VC firm Kleiner Perkins, Slack, and Jared Leto (yeah, the actor/musician -- he invests too).

Loom allows you to quickly create and share screen capture/web cam combo videos. 

Here’s what that looks like:
At first glance the ability to create screen capture videos doesn’t seem like much of an innovation, video conferencing apps like Google Hangouts and Zoom have been around forever.

But that’s exactly the point, Loom isn’t meant for live video calls, it’s meant for snapping a quick video and sending it along to your coworker.

That sounds familiar...
Although Loom lacks a social layer (right now you have to share your video link via some other tool), the company is betting it can bring the familiar Snapchat/Instagram-like video sharing experience to office communication.

Anyone who’s spent 30 minutes writing an email full of screenshots trying to describe a bug for your engineering team knows that showing can be easier than telling.  

But couldn’t you just walk over and talk to your coworker?
Definitely! Unless of course your headquarters is in LA, your engineering team is in the Ukraine, and your sales team is in Austin.

Technology companies are increasingly distributed across several offices and some remote-first organizations like Trello and Automattic (the business behind have skipped the office model completely.

The growing popularity of remote work is creating a sizeable market for virtual collaboration tools of all shapes and sizes (think Slack, Intercom, Airtable, Figma) and Loom wants its piece of the pie.

Loom has grabbed some early market share (1.1 million users across 18k companies) but direct competitors like Vidyard and Wistia are hot on the trail.
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Sounds like a Fair deal

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Check the job board for open roles.
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Episode #8 - Being a rockstar in customer facing roles as an introvert with Nate Bills from Procore

In our latest episode we sit down with Nate Bills. Nate grew up in Palo Alto before attending UCSB to study Psychology. He is now an Implementation Manager on the Customer Success team at ProCore Technologies in their New York office. 

We discussed how he started his career in sales and why he ultimately decided to transition into Customer Success. Nate shared what it’s like being an introvert in a customer facing role and how he earns trust with his team a to create a work schedule that improves his fitness and professional performance.
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Zac Cherin
Brendan Uyeshiro
Brendan Uyeshiro