Clash Acquires Byte App, Secures Investment from Alexis Ohanian’s Seven Seven Six
Summary
LOS ANGELES--(BUSINESS WIRE)--Clash, a creator monetization company, today announced it is purchasing the Byte app, a leading short-form video platform. Having just announced his 13th seed investment to reach billion dollar-valuation, Ohanian and his firm have deep experience with finding and supporting emerging technologies with massive impact. “In the past years, we’ve seen more and more creators thriving when they have a direct link to their most engaged audience,” said Alexis Ohanian, Founder of Seven Seven Six and former Reddit Co-Founder. By empowering creators to foster deeper connections with their audience and earn their fair share of money, I think we’ll see better content and stronger communities.” Additionally, the Clash team has deep roots in social platforms and creator experience with team members from Facebook, TikTok, Vine, Snapchat, Twitter, Google, Pinterest, NeoReach, and Cameo. Having gotten my start on Vine, it feels like a full-circle moment to have Dom join as an advisor on the team,” said Brendon McNerney, Co-Founder and CEO of Clash.