Wistia secures funding and finds it all the more reason to stay in Massachusetts

Wistia, the hot young startup in Lexington, Mass., that helps companies share and monitor the effectiveness of their online videos announced that they received a $775,000 angel investment today. Wistia has raised $1,425,000 since their launch in 2006.

Ashton Peery, CEO of Renesys (and also a fellow New Englander) is the angel investor behind the new deal. Peery invested earlier and is back for more! He’s also invested in companies like BzzAgent and Gazelle.

I got co-founder and CEO of Chris Savage on the phone to get his thoughts on the  funding.

“With this round of funding there is even more reason to stay in Massachusetts; we’re not going anywhere,” Savage confirmed. According to Savage, Wistia’s next move is to crank up the volume; they’re looking to hire more developers, operations managers, and salespeople.

Wistia’s a company you want to work for. “We have a very relaxed culture. That means jeans, t-shirts, yoga balls, remote control helicopters, Nerf missiles and event a weight bench,” Savage told me over Email.

Wistia has a sweet work environment and they’re making money. With angel investment support, Wistia’s built a patent-pending technology that allows big clients like Cirque du Soleil,  Nestle and Keva Systems to monitor and track how viewers and customers watch their online videos. Their packages range from $39 a month to $379 a month and they also customize enterprise packages.

Keep co-founders Chris Savage and Brendan Schwartz on your radar; Wistia is a young startup who is turning a profit and attracting some major companies. Savage and Schwartz are using their young and creative minds to change the online video environment. Imagine being able to know when and where a viewer rewinds, fast-forwards, or stops your video… Going viral just got a lot easier.

Do you Want to keep up with Wistia? Follow them on Twitter and fan them on Facebook.