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Slope scores $395K in seed capital for video production platform

Slope, a software startup launched by Venture For America fellows in Detroit, has landed $395,000 in seed capital from a variety of sources.

The downtown Detroit-based tech startup -- it calls the Bizdom accelerator home -- has raised $100,000 from Bizdom and $295,000 from the Venture For America Innovation Fund and angel investors in Detroit, Cincinnati and New York City.

"This gives us about 10 months of runway,"  says Brian Bosche, co-founder & CEO of Slope. "It should be enough to build up Slope and get it out to the market."

Slope, formerly TernPro, is creating a video-creation platform so simple and accessible that everyday people can produce online videos and track the public's interaction with them. The platform also allows the user to store photos, graphics, and videos so they are available to create more online content.

"Slope is a video-collaboration platform for creative and marketing users," Bosche says.

Slope was admitted to the second class for the Microsoft Venture Accelerator earlier this year for a four-month residency in Seattle. The startup and its team of six people is gearing up to release its platform for a private Beta in July and then a public Beta later this fall.

"We have more than 700 companies signed up to test our platform," Bosche says.

Source: Brian Bosche, co-founder & CEO of Slope
Writer: Jon Zemke
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