InVideo, a Mumbai, India-based provider of a video creation platform that allows users to create high-quality videos for any form of digital media, raised $15M in Series A funding.
The round was led by Sequoia Capital India with participation from Tiger Global, Humming Bird, RTP Global and Base.
The company intends to use the funds to accelerate product development and build out its collaborative, cross-device video creation suite.
Launched in April 2019 by Sanket Shah and Harsh Vakharia, InVideo provides a browser first platform, which offers a full-featured video creation experience for amateurs and professionals alike. The platform combines video editing and compositing in a browser-first solution, increasing accessibility, removing rendering time, shortening feedback loops, and making the process more inclusive.
Since launching a year ago, the platform has over 800,000 users from more than 150 countries who have created videos in over 75 languages. It now counts household names such as P&G, Dropbox, Reuters and ATT as users.
The company currently employs 80 people from across the world.
FinSMEs
28/10/2020