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Animoto
Business Summary
Animoto is a privately-held, venture capital backed mobile application development company. The company was founded in 2006 by Stevie Clifton, Jason Hsiao, and Tom Clifton. Animoto headquarters are located in New York, New York.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2006 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | New York |
| State/Province: | New York |
| Country: | United States |
| Phone: | View |
| Website: | www.animoto.com |
Corporate Organization
| Founders: | Jason Hsiao Stevie Clifton Tom Clifton |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Media > Visual Media |
| Technology > Mobile Technology > Mobile Applications |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Photobucket Corporation |
| RockYou, Inc. |
| Slide |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Animoto fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Animoto financials to Excel and create your own graphs.)
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Animoto Revenues ($ MM): |
Animoto Total Employees: |
Animoto Productivity (Revenue/Employee) ($): |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Aug. 2007 | View | A | ||
| Details | Total Round A View | |||
| Jun. 2009 | View | B | Corporate | |
| Jun. 2009 | View | B | Venture Capital | |
| Jun. 2009 | View | B | Venture Capital | |
| Jun. 2009 | View | B | Corporate | |
| Details | Total Round B View | |||
| Jun. 2011 | View | C | Private Equity | |
| Jun. 2011 | View | C | Venture Capital | |
| Jun. 2011 | View | C | Corporate | |
| Details | Total Round C View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Animoto
Business Overview
Animoto is an online and mobile video creation service that makes its easy for individuals to create and share pictures, video clips, and music. Animoto's users simply upload their pictures and video clips, choose a style, add words and music and clock the "produce video" button. Animoto 's cinematic technology does all the work and within minutes, a video production is formed and ready to be shared with others. Animoto is used mainly by individuals in the US, but also boasts users from more than 200 countries around the world.
Creating a 30-second video on Animoto is free, but anything longer than that costs $2.50 and annual subscription fees range from $30 to $499. Teachers, nonprofits, and charities, however, are given free access. Users create videos for a variety of events and occasions, such as birthdays, weddings, and trips. Photos and video clips used can be downloaded from Facebook, Flickr, Picasa and Instagram, while the music can be uploaded from a personal… Continue Reading →
Supplemental Resources
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