Wochit Garners $13,000,000 New Funding Round

  • Feed Type
  • Date
    10/28/2016
  • Company Name
    Wochit
  • Mailing Address
    12 E. 33rd St. New York, NY 10016 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
    $13,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to further enhance Wochit’s award-winning technology and to expand its business with publishers and content creators worldwide.
  • M&A Terms
  • Venture Investor
    ProSiebenSat.1 Media AG
  • Venture Investor
    Singapore Press Holdings
  • Venture Investor
    Investor
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Marker
  • Venture Investor
    Cedar Fund