Animoto Productions is a bunch of techies and film/tv producers who decided to lock themselves in a room together and nerd out.
Their first release is Animoto, a web application that automatically generates professionally produced videos using their own patent-pending technology and high-end motion design. Each video is a fully customized orchestration of user-selected images and music. Produced on a widescreen format, Animoto videos have the visual energy of a music video and the emotional impact of a movie trailer.
The heart of Animoto is its newly developed Cinematic Artificial Intelligence technology that thinks like an actual director and editor. It analyzes and combines user-selected images, video clips and music with the same sophisticated post-production skills and techniques that are used in television & film.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 08/01/07 | Seed | Unknown | Unknown | |
| 05/01/08 | Series A | Unknown | Investors LP funds | Unknown |
| 06/01/09 | Series B | 4.4M | Unknown |