Cinemacraft, a Tokyo, Japan-based provider of an online visual media platform, closed a $3.9m Series A funding.
The round was led by 500 Startups, with participation from NTT DoCoMo Ventures, Samsung Ventures, Turner, and Fierce Capital.
The company intends to use the funds to expand into US, Japan, Korea, and India.
Founded in 2012, Cinemacraft provides Videogram, a video consumption tool used in website embeds, social feeds, live streaming, and electronic programming guides. Videogram produces pictorial summary of video by analyzing the video for color, motion, image similarity, and clip duration. The patented algorithm extracts select keyframes and then packs them into a comic grid. This grid is then packaged as an iframe and can be embedded on website, mobile app, smart tv, or any device that supports an HTML5 browser.
It indexes videos from the source and creates a link from each videogram grid back to the source video player. Any existing Pre-rolls/banner ads that are served by the video player continue to be served to the end user.
Publishers interested can sign up for our Free Beta service at http://publisher.videogram.com/