Videolicious, a New York-based provider of automatic video creation solutions, has raised $1.4m in funding.
Investors include Howard Lindzon, Joanne Wilson, Amazon.com, Venture51, Ludlow Ventures, Trestle Ventures, Scott Ingraham and Quotidian Ventures.
This company intends to use the funding for research and development efforts.
Founded in 2007, and led by Matt Singer, CEO, Videolicious is a provider of automatic video creation solutions, with more than 800,000 users (social media marketers, Fortune 500 companies, real estate agents, local businesses, and anyone else) in over 100 countries.
The company has just launched Videolicious 2.0 – a platform that enables users to create their own sales, marketing, and communications videos in real-time on their desktops, tablets and mobile devices. The mobile version of the platform can be downloaded for free at http://itunes.com/apps/videolicious.
FinSMEs