SaaS

$1.5M to say bye to laggy online video conferences

March 7, 2024

Say hi to Vietnam’s Quickom. They’re a Vietnam-founded enterprise-grade video conferencing and communication startup that just raised a $1.5M seed.

  • Founded in 2021, they’ve worked with domestic and international companies.
  • In 2023, they hosted 500+ livestreaming events on its platform.

Investor check. VinaCapital Ventures led the round.

💻 Say bye to laggy online conferences

We know what you’re thinking. “I already use Zoom/GMeet/Teams/WebEx!”.

But if you’re struggling with the high costs, low-quality calls, freezing videos, and privacy concerns, Quickom’s for you.

  • Many video-conferencing providers tend to rely on centralized data centers, which can cause issues like lower audio and video quality when the network is congested.

💨 Quick, quick

Quickom offers higher-quality and stabler calls, while keeping operating expenses and maintenance costs lower. How? Their network is decentralized and doesn’t need data centers!

The details. They use a decentralized peer-hosted network architecture. This means data can be transmitted directly between users or nodes!

  • The decentralized network uses an algorithm that extracts unused bandwidth and processing power to process and route video, audio and other data.
  • Their proprietary tech is US patented.

🔐 The Web3 connection

Their current tech is being leveraged for the web3 segment. They’re doing this with Chat3, their SocialFi platform, which enables creators to sustainably monetize online.

Chat3 is the first and only SocialFi (social media and decentralized finance) platform that offers real-time two-way video communications and interactive tools for up to 10,000 participants in a single room.

  • They also offer private and group messaging, payments, memberships, NFT minting, and more.

💰 What’s with the $$$?

With the funding, Quickom as a whole will push for global expansion in the conference business, especially in education, business, entertainment, and healthcare.

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