About Animoto
Animoto is a company based in New York (United States) founded in 2006 by Jason Hsiao and Brad Jefferson was acquired by Redbrick in August 2023. Animoto has raised $29.4 million across 2 funding rounds from investors including Amazon, Spectrum Equity and Madrona. Animoto offers products and services including Video Editor, Screen Recording Feature, and Stock Media Library. Animoto operates in a competitive market with competitors including Wondershare, Captions, Descript, WeVideo and Lomotif, among others.
- Headquarter New York, United States
- Founders Jason Hsiao, Brad Jefferson
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Technology
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Products & Services of Animoto
Animoto offers a comprehensive portfolio of products and services, including Video Editor, Screen Recording Feature, and Stock Media Library.
Tool for drag and drop editing of videos with stock assets and templates.
Function for capturing screens and webcam for video demos.
Collection of images and music for enhancing video projects.
People of Animoto
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Funding Insights of Animoto
Animoto has successfully raised a total of $29.4M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in June 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Animoto
Animoto has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, Spectrum Equity and Madrona.
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Venture capital is invested in multiple sectors by Uncork Capital.
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Investor details for Animoto
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Investments & Acquisitions by Animoto
Investment portfolio details for Animoto
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Financial Statements - Animoto
Detailed financials for Animoto
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Animoto Comparisons
Peer comparison for Animoto
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Competitors of Animoto
Animoto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wondershare, Captions, Descript, WeVideo and Lomotif, among others.
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Developer of software for video editing, PDF management, and data recovery
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AI-powered editing for photos and videos with captioning is provided.
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Automated transcribing solution provider for audio files
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Video creation, interactive elements, and hosting software are provided.
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An app-based platform for creating and sharing music videos.
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Detailed competitors of Animoto
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Latest news on Animoto
Complete news archive for Animoto
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Frequently Asked Questions about Animoto
Animoto was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Animoto is headquartered in New York, United States. It is registered at New York, New York, United States.
Brad Jefferson is the current CEO of Animoto. They have also founded this company.
Animoto is a funded company, having raised a total of $29.4M across 2 funding rounds to date.
Animoto was founded in 2006 and is headquartered in New York, United States. A cloud-based video editing platform is provided for enterprises, enabling the creation of short videos. Collections of pictures and videos from computers or mobile devices are used by users to produce content for various purposes. Operations focus on the software and technology sector, with services supporting professional video assembly and sharing.
Animoto's top competitors include Captions, Descript and Wondershare.
Animoto offers Video Editor, Screen Recording Feature, and Stock Media Library.
Animoto has 5 investors. Key investors include Amazon, Spectrum Equity, Madrona, Uncork Capital, and Redbrick.