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Animoto raises USD4.4m for photo slideshows

Tags: Multimedia, Slideshow, Photograph, Animoto, Madrona Venture Group, Editorial, Amazon.com Inc.

2009-06-17 17:55:43.0

New York-based Animoto has raised USD4.4m in a funding round led by Madrona Venture Group. Amazon.com, SoftTech Venture Capital and iStockPhoto founder Bruce Livingstone also participated in the round. The firm’s web-based technology enables users to upload photos from social networks such as Facebook or their desktops, and choose accompanying music. The site then automatically generates a multimedia slideshow. Animoto claims to have 750,000 registered users and 300,000 users through its iPhone application.

StrategyEye's related categories: Industry Bodies - TMT Bodies

StrategyEye's related companies: Animoto, Amazon.com, Madrona Venture Group

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