As the web's first social "hangout network," Rounds combines online entertainment with video communication to bring friends and like-minded people closer together for a fun, live experience across social networks, operating systems and devices. Bridging the offline and online worlds, Rounds uses shared activities, games and video to give friends the feeling of hanging out in real life. An interactive stream of friends' and featured users' "captured moments" from live sessions gives hangouts an afterlife, creating a new social network around them. Rounds has raised a total of $5.5 million in funding from industry leading investors, including Verizon Ventures, Rhodium, DFJ's Tim Draper, and other private investors.