Animoto Raises $4.4 Million

Jun 23, 2009


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Animoto, a video creation platform, announced that the company has received $4.4 million in funding, led by Madrona Venture Group. Additional investors include Jeff Clavier's SoftTech VC and Bruce Livingstone, the founder of iStockphoto, as well as Amazon.com, which originally invested in Animoto in May 2008. Launched in August 2007, the Animoto website currently has 750,000 registered users.

(www.madrona.com, www.animoto.com)