What Company Is Offering:
Motionbox makes it easy to upload, organize, enhance, and share your personal videos with family, friends & groups.
Personal video is about more than just home movies; it's about capturing life — in motion and on the fly. As we all know, life doesn't always happen in perfect, 30-second clips. So how do you dig through all your videos to get to the moments you care about most? They don't think you should have to learn complicated editing software to share the best parts of your videos online. That's why they've developed smart, simple ways to help you make the most of what you've shot.
How It Works:
Shoot video using any camera or even your phone. Their uploader is lightning fast and easy to use. No file size limits for Premium Members.Combine the best parts of your videos and cut out the boring parts. No complicated software required. Premium Members have unlimited storage.It’s easy to share videos with friends and family via email or post them on your blog. Premium members can download high-quality versions too.
The best part of the site comes without the membership fee—both free and Premium members can create customized flipbooks from videos they upload to the site.Motionbox is your one stop solution for ultracute videos of your toddler taking his first steps.
How Much They Got From VCs:
Motionbox, the video site that appeals to doting parents for family video storage and editing, has closed a $7 million Series B round of funding. The round was led by new investor Constellation Ventures, which is a unite of Bear Stearns Asset Management. Previous investors Canaan Partners and SAS Investors also participated in this round.
The funding will go towards marketing and developing Motionbox’s new premium services, which include unlimited storage and downloads, as well as flipbooks.
More at:http://www.motionbox.com/
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