WeVideo Secures $19,100,000 New Funding

  • Feed Type
  • Date
    4/26/2012
  • Company Name
    WeVideo
  • Mailing Address
    440 Wolfe Rd. Sunnyvale, CA 94085
  • Company Description
    WeVideo is redefining video editing by leveraging the strength of the cloud. We’re making video storytelling and unique social editing accessible to all. Our Company is headquartered in Sunnyvale, California, but our roots are in Norway. Seriously. Our founders and parent organization, Inspera, are located in Norway and have been operating in the educational video space for nearly half a decade.
  • Website
    http://www.wevideo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Crest Capital Ventures
  • Venture Investor
    Undisclosed