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June 5, 2012 05:51 pm GMT
Wibbitz, a company whose tagline calls it the "play button for the web," has just closed a $2.3 million Series A round headed up byHorizons Ventures, the internet and technology investment fund belonging toLi Ka-shing. Also participating in the round were previous investors,Initial Capital and lool Ventures.The service is somewhat similar toformer TechCrunch Disrupt winnerQwiki, as it also automatically generates videos based on the content found on websites, but the twist is that it's designed for use by publishers who want to offer quick, digestible video summaries of their articles' content.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5r8iJX91Sk4/
Wibbitz Raises $2.3M Series A For Technology That Turns Text Into Videos
Wibbitz, a company whose tagline calls it the "play button for the web," has just closed a $2.3 million Series A round headed up byHorizons Ventures, the internet and technology investment fund belonging toLi Ka-shing. Also participating in the round were previous investors,Initial Capital and lool Ventures.The service is somewhat similar toformer TechCrunch Disrupt winnerQwiki, as it also automatically generates videos based on the content found on websites, but the twist is that it's designed for use by publishers who want to offer quick, digestible video summaries of their articles' content.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5r8iJX91Sk4/
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