Cinector, a Germany-based virtual communications startup, announced that it has secured €2.5M in a Seed funding round led by Technologiegründerfonds Sachsen (TGFS).
The company says it will use the funds to accelerate its product development and meet global demand for high-quality virtual presentations across enterprise sales, corporate communications, and education markets.
Lutz Roellig, CEO of Cinector, says, “we are delighted to announce our Seed round of €2.5M to meet customer demand and accelerate sales, customer success, and product operations in new markets.”
He went on to say, “the ubiquity of video communications has created massive demand from corporations who want to produce highly engaging, effortless video productions from their office or remote locations. Cinector is the only virtual studio software in the market to meet enterprise requirements of software stability, rapid deployment as well as full customisation.”
Cinector: What you need to know
Founded by Enrico Pisko, Thomas Schmieder, and Tobias Tauscher in 2015, Cinector develops and licences tools for rapid media production and easy 3D visualisation.
The company has developed software to create a fully customisable virtual stage that can be operated by one person. It can be integrated with communication platforms, including those from Microsoft, Zoom, Google, and Cisco.
Used in pre-recorded and live modes, Cinector brings the power of a Hollywood studio into the office to make video production for companies as easy as PowerPoint.
How was Cinector born?
The idea for Cinector came from the film industry. During the film process, crews face the difficult task of imagining how each special effects scene would ultimately look.
The post-production techniques replacing the green screen backgrounds with the special effects are lengthy and require significant computing power and large teams.
This led to the thought process of how these expensive and complex processes could be replicated in a much simpler technology.
After 5 years of research and development, the founding trio founded Cinector in 2015 and used these new interactive technologies in the planning and production of American and European films, video games, and virtual studio projects.
The company built its proprietary technology from the founding team’s experience working on blockbuster movie special effects.
The startup has established its R&D Division, Cinector Labs, integrating AI capabilities into the technology to deliver its customers the market’s best quality and features.
Based out of Leipzig, TGFS invests in startups and young companies in the high technology area headquartered or located in Saxony. The team has invested in more than 120 companies so far, including more than 40 investments from the current fund.
TGFS’s Managing Director, Sören Schuster, says, “Cinector has massive potential and is built on cutting edge technology and computer vision research by an expert team. The experienced sales and product team has delivered record sales and made Cinector stand out as a must-have and highly scalable communications platform.”