Magisto

Profile Information

Conference
DEMO Fall 2013
Market Segment
Mobile
Funding Amount
$5,000,001-$10,000,000
Product Description
Driven by artificial intelligence and simple user experience, Magisto is a cloud-based service for creating and sharing professional quality personal movies. It automatically selects the most compelling moments and, like an expert video editor, weaves them together to convey a story with customized styles and music.
Funding Round
Series A
Funding Details
The company is funded by Horizons Ventures and Magma Venture Partners and maintains its headquarters in Tel Aviv, Israel, with offices in New York and California.
Competitors
Vine, Instagram Video, Animoto
Market Opportunity
There are 1.5 billion smartphones on the planet. Last year smart phone users collectively shot 300,000 times more video than all the feature film releases combined. Only a fraction of that video is ever edited into a finished movie. Magisto makes producing professional quality movies possible for everyone.

Company Contact

Contact
reid@magisto.com
Company Address
261 Madison Avenue, 9th floor
Primary Phone
917-873-8294
Officer One
Dr. Oren Boiman - Co-Founder & CEO
Officer Two
Dr. Alex Rav-Acha - Co-Founder & CTO
Officer Three
-
Officer Four
-
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