INDIA – VideoVerse, a San Francisco, CA- and Mumbai, India-based provider of a SaaS platform that leverages Artificial Intelligence (AI) models, computer vision, and Machine Learning (ML), received an investment from Bluestone Equity Partners.
The amount of the deal was not disclosed.The company intends to use the funds to expand operations and its business reach.Led by Vinayak Shrivastav, CEO & Co-Founder, and Sabya Das, President & COO, VideoVerse provides a Software as a Service (SaaS) platform that leverages Artificial Intelligence (AI) models, computer vision, and Machine Learning (ML) to transform full-length video footage into short-form content and highlights in real-time for leading rights-holders and content creators around the world. Its flagship product, Magnifi, streamlines traditional labor, time, and cost-intensive editing processes through cloud-based AI-driven analysis, empowering hundreds of sports leagues, news & entertainment broadcasters, and streaming platforms around the world to quickly and easily curate, edit, and distribute short-form content and highlights. VideoVerse works with sports leagues & teams, broadcast networks, and content producers, such as: the UEFA Champions League, FA Cup, Bundesliga, Australian Open, U.S. Open, Wimbledon, NCAA Basketball, Indian Premier League (IPL), Women’s Premier League (WPL), NCAA Basketball, and various U.S. collegiate sports programs at universities and athletic conferences.19/12/2023
