StoryBox Raises Single-Digit Million Dollar Funding

GERMANY – StoryBox, a Munich, Germany-based provider of a video-content solution, raised single-digit million dollar Pre-Series A funding.

Backers included The BayBG Bayerische Beteiligungsgesellschaft, the High-Tech Gründerfonds (HTGF) and CK Venture Capital. The company intends to use the funds to further expand the team and the solution. Founded in 2017 by Ben Rodrian and Rusmin Causevic, StoryBox provides a Software as a Service solution for businesses to create, share and structure video content to make it searchable. With the system, companies can create and organize smartphone-based videos for any application scenario. Using the app, videos can be created and shared by every employee using templates. The app suggests picture settings and scene lengths automatically and offers an automated creation which includes corporate design. The content can be stored in the DSGVO-compliant StoryBox cloud and can be accessed, filtered and analyzed from anywhere. Customers include Iveco, Erste Group, Evonik, Alten, and KTM. 18/05/2020