We’re beyond excited to announce that we’ve closed a series A round of financing from some very intelligent people that believe strongly in what we’re doing. We’re thrilled about the opportunity this affords us to move fast, hire great talent, expand our platform, and maintain a stocked fridge full of delicious Portland microbrews.
We’re also happy to release our digital content solution for musicians and labels, enabling them to control their own distribution, sell concert tickets, and drop their latest mp3 tracks — selling direct to their fans in-stream on Twitter.
Below is the official release. Above are some of the press covering the announcement.
It’s time to scale!
Twitter Payment and Commerce Platform Chirpify Lands Financing from Voyager Capital, CEOs of Hootsuite and Buddy TV, and Former Facebook Executive
Chirpify also launches Twitter Commerce for Digital Content to purchase music and concert tickets directly through Twitter
Portland, Ore. – April 24, 2012 – Chirpify, the Twitter Commerce Platform, today announced it has secured $1.3 million in series A financing. Voyager Capital, angel investor Geoff Entress, BuddyTV CEO Andy Liu, former Facebook executive Rudy Gadre, HootSuite CEO Ryan Holmes, and TiE Oregon Angels all contributed to this first round of financing for the company.
“Twitter is a tremendous platform for brands, retailers, politicians, musicians and others to engage fans, yet with more than 140 million users there’s still no way to directly exchange goods and currency,” said Hootsuite CEO Ryan Holmes. “Chirpify provides a unique approach to fill this void by processing transactions without ever having to leave Twitter.”
In addition to securing funding, Chirpify is launching its new Twitter Commerce for Digital Content platform, a way for musicians to sell and consumers to buy digital content like songs and concert tickets via Twitter. Chirpify’s Twitter commerce platform provides a simple way to turn tweets into transactions, and the new digital content offering extends that same power to any content.
“Chirpify now makes it possible to sell digital content in-stream on Twitter, enabling musicians and artists to sell direct to their fans and control their own distribution,” said Chirpify CEO and Founder Chris Teso. “People already use Twitter to follow the brands, musicians and others they care about, so why can’t they get the latest product or hot new song right through Twitter? Now they can.”
According to Jake Schaefer with Minneapolis hip-hop label Rhymesayers Entertainment,
“Chirpify allows us to deliver digital music and goods to our fans in a way that’s most convenient to them by providing a truly mobile shopping experience.”
How Twitter Commerce for Digital Content Works
Selling and purchasing digital content with Chirpify is easy. Artists simply upload content to their Chirpify dashboard, and click to tweet. Consumers use Chirpify to securely connect their Twitter and PayPal accounts, and once linked reply to the tweet with something as simple as “@favoriteartist buy (insert digital content).” Chirpify then sends a secure download link via direct message and/or email to download that song or other digital content.
More Than Digital Content
Chirpify has solved a huge problem: how to monetize social media. It gives individuals, companies, organizations—anyone—the ability to buy, sell, donate or pay someone with a simple tweet. Because it works anywhere that Twitter does, any user on any mobile device, tablet or computer can use Chirpify to conduct seamless and secure transactions. While Chirpify is a complete commerce platform, it also offers deep integration with existing e-commerce storefronts, including Magento, for back-end fulfillment, listing and transaction management. To use Chirpify, merchants simply click the “list on Twitter” button when drafting an item listing for sale in their e-commerce or Chirpify dashboard. They can also use Chirpify to set the item price, quantity, shipping price and shipping timing. For Chirpify plans and pricing, go to http://chirpify.com/twitter_commerce.
Chirpify (www.chirpify.com) is a seamless payment system for Twitter commerce. With full integration to PayPal, Chirpify enables businesses to buy, sell, donate and exchange funds on Twitter, turning tweets into immediate transactions. Based in Portland, Oregon, the Chirpify platform is the first social commerce system to offer direct monetization through Twitter. To learn more about Chirpify and begin sending or receiving payments today, visit www.chirpify.com.
download press release