Zorap Takes $1.35M in Equity

Zorap, a provider of online video chat room software, has raised $1.35 million of a planned $1.9 million round of equity financing, according to an SEC filing. The Falmouth, ME-based startup, founded in 2007, has now raised nearly $2 million from undisclosed angel investors, the company’s CEO and co-founder Barry Spencer told Mass High Tech. Zorap‘s website enables users to set up their own video chat rooms, where participants can easily share videos, photos, music, and other content, according to the company.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.