INDIA – InVideo, a San Francisco, CA- and Mumbai-based platform to make professional-looking videos, raised $2.5M in funding.
The round was led by Sequoia Capital India’s Surge, with participation from angel investors Anand Chandrasekaran and Gokul Rajaram. The company intends to use the new capital, which brings the total raised to $3.2M to date, to scale its platform to a global audience, while investing in its community and expanding its current product pipeline. Led by Sanket Shah, CEO, InVideo provides an AI-powered video editing platform that allows anyone to create professional-quality videos in minutes. The video editor suggests improvements in real-time, including proper font choices, animations, color palates and more, whole the self-driving design allows anyone to make scroll-stopping videos with no experience required. The company has over 100,000 customers across 150 countries, including cable and media giants AT&T, Sony Music, Reuters, CNN and CNBC. 18/02/2020
