RALEIGH, N.C., January 29, 2021—Today, noted entrepreneur Brian Hamilton made a significant investment in Frozen Mountain. Hamilton is the founder of Sageworks, the United States’ first fintech company, which he sold to Accel-KKR in 2018. This deal represents the largest known investment in a Canadian video conferencing or broadcasting company since the start of COVID. The amount of the Frozen Mountain transaction was not disclosed.
Frozen Mountain provides real-time communication tools and services that allow clients to add live video conferencing, streaming, interactive broadcasting and more to their applications. The company’s customers are worldwide and include Match.com, UPS, WWE, Bosch and Philips. Frozen Mountain was founded in 2008 by software engineers Jerod and Anton Venema, who lead the company today as chief executive officer and chief technology officer, respectively.
“We are thrilled with the investment from Brian Hamilton, an entrepreneur with proven experience in significantly scaling a technology company and guiding high-growth organizations,” Frozen Mountain CEO Jerod Venema said. “The partnership will allow Frozen Mountain to have an even bigger footprint in the real-time communication industry and to help more people connect to one another.”
“Jerod and Anton, and their team, are recognized global leaders in broadcasting and live video communications,” said Brian Hamilton. “We look forward to joining forces with Frozen Mountain to create reliable, high-quality live video products and to rapidly expand the company,” he continued.
About Frozen Mountain
Frozen Mountain is a global leader in broadcast and live video communications. The company provides the most flexible live video, audio and messaging software on the market. With more than 10 years of experience and a passion for innovation, the organization prides itself in providing clients with the very best real-time communications technology. Visit frozenmountain.com to learn more.
About Brian Hamilton
Brian Hamilton is an entrepreneur and philanthropist. He founded Sageworks, the country’s first fintech company, which is a leading provider of software to U.S. banks. He is also the founder of the Brian Hamilton Foundation and Inmates to Entrepreneurs, philanthropic organizations that promote “entrepreneurship for all.”
Mr. Hamilton has been widely featured in the press including Business Insider, USA Today and CNBC, and is the recipient of many awards, including the George H.W. Bush Points of Light Award. Visit brianhamilton.org to learn more.
Madeline Hiller / Public Relations Specialist / Brian Hamilton Management
Email: MadelineH@brianhamilton.org / Phone: (704) 519-5837