Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb623bee-f02f-4efa-9d8f-d4bc0f78ad5a
Date 5/21/2015
Company Name Wibbitz
Mailing Address Undisclosed New York, NY 10017 USA
Company Description Wibbitz provides a video player plugin for your site that takes static web content like images, headlines and video clips- in real-time and automatically creates an interactive video, giving users an engaging overview of the website by video-surfing.
Proceeds Purposes The $8M investment will be used to build out the company’s U.S. headquarters in New York City’s Financial District, a growing hub for media and technology companies. Specifically, Wibbitz will be focusing on expanding its business development, sales, marketing, and editorial teams, with plans to hire about 20 new employees within the next few months.