SocialStudios, an Israeli platform that uses social media data to automatically create and curate personalized video content, raised $3.1m in funding.
Newly launched IOT focused venture capital firm Moonscape Ventures (read here) made the investment.
The company intends to use the funds to grow operations.
Led by Moshi Delgo, founder, SocialStudios provides a proprietary software platform, which combines algorithms and crowdsourcing functionality to allow publishers to transform original web content into promotional videos viewable on all devices. These videos enrich their source web pages and extend the reach and brand of publishers via promotional placement on social and video networks.