Magisto Lands $5,500,000 Series B Funding Round

  • Feed Type
  • Date
    9/20/2011
  • Company Name
    Magisto
  • Mailing Address
    Undisclosed San Francisco, CA 94108
  • Company Description
    Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the “intent” of the filmmaker by analyzing the sounds and images on the video. Magisto’s sophisticated technology and unparalleled understanding of video footage make the automated editing service seem like Magic to its users.
  • Website
    http://www.magisto.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Horizons Ventures
  • Venture Investor
    Magma Venture Partners

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