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Next Generation Video Creation Platform InVideo Announces $15M Series A
InVideo offers an intuitive, full-featured video creation experience for amateurs and professionals alike. The platform combines video editing and compositing in a browser-first solution, increasing accessibility, removing rendering time, shortening feedback loops, and making the process more inclusive.
Since launching a year ago, the platform has over 800,000 users from more than 150 countries who have created videos in over 75 languages. InVideo is a freemium product with paid plans starting at $10 /mo. The funding will help accelerate product development and build out InVideo's collaborative, cross-device video creation suite.
InVideo was launched in April 2019 by Sanket Shah and Harsh Vakharia who first worked together on a startup that created 10-minute video summaries of nonfiction books and have also spent time building an enterprise-grade video creator suite for newsrooms. They understand how painful the video creation process is and how most solutions in the market were inflexible and boxed the creator into readymade templates. They founded the company in response to this problem. InVideo now counts household names such as P&G, Dropbox, Reuters and ATT as users.
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