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April 20, 2012 08:56 pm GMT
WeVideo has just secured $19.1 million for its cloud-based collaborative video editing platform, in a round led by Crest Capital Ventures of Houston, Texas. The company says it plans to use the funding to further ramp up its B2B focused development team.Unlike desktop editing software, which is restricted by computer hardware limitations, WeVideos online video editing solution can scale up processing speeds on demand, based on end users needs. As users move up through the companys paid tiers, speeds increase, as does the available storage space and video resolution.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DNjrsUyAgHo/
WeVideo Raises $19.1M For Cloud-Based Collaborative Video Editing Platform
WeVideo has just secured $19.1 million for its cloud-based collaborative video editing platform, in a round led by Crest Capital Ventures of Houston, Texas. The company says it plans to use the funding to further ramp up its B2B focused development team.Unlike desktop editing software, which is restricted by computer hardware limitations, WeVideos online video editing solution can scale up processing speeds on demand, based on end users needs. As users move up through the companys paid tiers, speeds increase, as does the available storage space and video resolution.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DNjrsUyAgHo/
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