Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3159d9a-5136-4f58-8776-4fcd17d9fc38
Date 10/29/2013
Company Name Magisto
Mailing Address Undisclosed San Francisco, CA 94108
Company Description Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the “intent” of the filmmaker by analyzing the sounds and images on the video.
Proceeds Purposes The new funding will be dedicated to expanding Magisto’s leadership position in the emerging category of Video Storytelling, the ability to create rich, professional-looking personal movies, quickly and easily, and share them with specific people across a prescribed network.