![]() ![]() “My role at the new organization is very specific around product,” said Hamilton. His role will be to focus on the product development of the “Zoom competitive product,” and to support the Frozen Mountain founders, Jerod Venema, CEO, and Anton Venema, CTO, both of whom attended North Carolina State University and studied computer science. In Raleigh, he’s directed Mauney to focus on product and marketing roles. “Some of the implementations that they’ve done on WWE, Fox News, they’re amazing, world-class, and we’re going in to help them with growth.”įrom now until the end of the year, said Hamilton, “we’re going to need a lot of people, we’re going to have to hire people like crazy.” “This is a great company, with world-class engineers,” he added. “My personal take, with respect to the impacts of COVID, is that I think that COVID was sort of a beta test for the United States with regard to communications tools, especially with regard to video conversations. “We wanted to be in a big industry that is growing fast,” said Hamilton. Hamilton founded and later sold Sageworks. But the company also plans to hire in the Triangle, and has already brought on board Monte Mauney, formerly the vice president of human resources at Sageworks, as the head of people and talent for the company. “The investment was made based on the quality of the current team and the current staff, they’re brilliant tech guys, and they’ve built a wonderful culture.”Īll current Frozen Mountain employees will retain their position, and the company will continue to have an office in Surrey, British Columbia, said Hamilton. “Everything you build comes on top of the culture, that’s the foundation,” said Hamilton. “We’re not a venture firm, we’re entrepreneurs, we’re rolling up our sleeves and doing something.”īut more important than being poised for growth, said Hamilton, was identifying a company with a knowledgeable, impressive, driven management team and impressive company culture. “It was a lot of work to find this company,” said Hamilton, noting that he was specifically searching for a company poised for rapid growth. Raleigh entrepreneur Brian Hamilton acquires video tech firm, to add jobs in NC The SEC filing was completed at the end of last week. The Brian Hamilton Foundation and Frozen Mountain confirmed the acquisition in a press release in January. The company, fueled with the investment, is planning a product launch later this year for a new videoconferencing tool that aims to connect people on a more intimate level than currently available platform options, says Hamilton, who is the registered agent of LiveSwitch Inc., which is the holding company that has acquired Frozen Mountain for an undisclosed amount, confirmed a spokesperson for Hamilton. Though an SEC filing from LiveSwitch that was dated last week stated that the $15.9 million raised from four investors by the company was used to acquire the Surrey, British Columbia startup that is headed by two North Carolina State University graduates, a spokesperson for Hamilton confirmed that the funds are intended to be used to grow the company, including adding additional jobs, which could be based in the Triangle. HOLLY SPRINGS – Triangle entrepreneur Brian Hamilton is backing a new Triangle-based company called LiveSwitch, and it has a major goal after raising $15.9 million to expand operations of Frozen Mountain, which Hamilton acquired in January: Build a product that will compete with Zoom in providing videoconferencing services. ![]()
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