Wochit Receives $11,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17d85821-e345-4dab-bd37-472e5353bafd
Date
5/13/2014
Company Name
Wochit
Mailing Address
41 East 11th Ave. New York, NY 10003 USA
Company Description
Wochit is a revolution in short form video. The cloud based video creation platform enables brands and storytellers to instantly react to any story and economically scale branded, studio-quality video production.
Website
http://www.wochit.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Money from the new financing will be used to grow the company’s sales and business development efforts.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor