InVideo raises $2.5M and launches an automated assistant to make your videos better –
Summary
Shah told me InVideo’s founders first worked together on a startup aiming to create 10-minute video summaries of nonfiction books. That’s when they discovered “video creation is a very painful process, it’s just not scalable.” So they launched the current startup hoping to solve this problem. The company says it now has 100,000 customers — including AT&T, Sony Music, Reuters, CNN and CNBC — in 150 countries. InVideo is also announcing that it has raised an additional $2.5 million in funding from Sequoia Capital India’s Surge, along with angel investors Anand Chandrasekaran and Gokul Rajaram. “InVideo has truly captured the imagination of our users with their super user-friendly online video editor and great customer support,” said Ayman Al-Abdullah, CEO and president of software deals website AppSumo, in a statement.
Classifications
AskAI Classifications
LabelsLinked Companies
