Wibbitz is an automated video creation company that was founded in 2011 and recently acquired by Vimeo in November 2021. The platform empowers teams to produce professional short-form videos without the need for in-depth experience in video production or complex editing programs. Since its launch, Wibbitz has been revolutionizing video creation by offering customizable video templates, drag-and-drop editing tools, and millions of licensed photos, videos, and soundtracks. The company caters to a diverse range of industries including Internet, SaaS, Social Media, Marketing, and Publishing. Wibbitz has a strong track record of powering videos for leading brands such as Bloomberg, HubSpot, Conde Nast, Bertelsmann, and S&P Global. Additionally, the company provides API solutions enabling video creation capabilities within any website or application. The firm last received a $12.20M Venture Round investment on September 1, 2020, highlighting its potential for continued growth and innovation in the video creation space. Overall, Wibbitz has positioned itself as a disruptive force in the video creation industry, offering a user-friendly and efficient solution for organizations across various sectors to produce high-quality video content.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $12.20M | - | 01 Sep 2020 | |
Convertible Note | Unknown | 1 | 19 Sep 2019 | |
Convertible Note | Unknown | 1 | 13 May 2019 | |
Series C | $20.00M | 7 | The Weather Channel, The Associated Press +2 | 23 Oct 2017 |
Series B | $8.00M | 3 | NantMobile | 21 May 2015 |
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