Wochit Overview
Wochit develops advanced cloud-based video creation platforms. The companys wide array of products are designed to empower people of all backgrounds and skill levels to create high-impact videos at scale and with unprecedented speed. Used by hundreds of media companies and brands, Wochits video storytelling platforms combine deep knowledge of digital video production with a library of over 200 million commercial and copyright-free images and videos from leading professional and social sources, enabling the quick creation of one-of-a-kind visual stories.
Cumulative Funding Raised Over Time ($)
—Jan 2017
$4.8MMay 2013
$15.8MMay 2014
$15.8MNov 2018
$28.8MOct 2016
Latest News
growth-positive
Wochit Launches a Plug-and-Play Video Editor That Companies Can Seamlessly White-Label as Part of Their Platform
Wochit, a leader in SaaS video creation, distribution, and automation, has launched a streamlined, self-serve version of their video creation product. The new video editor is designed to be easily embedded and white-labeled by organizations looking to add video editing to their platform for their customers. This move is expected to result in exponential growth for Wochit and their customers. The video editor allows for seamless integration with minimal developer lift and offers effortless, customizable templates for various industries. Wochit has already been embraced by companies such as Houzz, Taboola, Kaltura, and Shutterstock. The video editor is available to try for free, and pricing is affordable for businesses of all kinds and sizes.
Customers
growth-positive
Shutterstock and Wochit Partner to Power Enterprise Video Creation
Shutterstock, Inc. has announced a strategic alliance with Wochit, a video creation platform, to power enterprise video creation and help organizations produce authentic video content. Through the partnership, customers will have access to on-brand video creation capabilities using Shutterstocks asset library. The alliance aims to bring scalable video content creation to millions of users through platform partnerships and technology innovations. The partnership is expected to have a positive impact on Shutterstocks growth.
Partners
The 10 most innovative video companies of 2020
growth-positive
Wochit and Kaltura Join Forces in a Multifaceted Partnership
Wochit has partnered with Kaltura to offer its video creation capabilities to Kaltura customers. Wochit Studio is now accessible for all Kaltura customers via the Kaltura MediaSpace video portal and Kaltura Application Framework products. The partnership allows Kaltura users to take advantage of Wochits video editing technology and content library. Wochit has also chosen Kalturas Video Platform as a Service (VPaaS) to complete Wochit Inside, its embedded video creation solution. The partnership is expected to enhance the video creation capabilities of both companies.
Partners
growth-positive
Wochit Re-Invents Video Creation Once Again: New Wochit Collage Unleashes Your Creativity
Wochit, the leading video creation platform, has launched Wochit Collage, a new functionality that allows users to create creative videos with dynamic layouts. The user-friendly interface makes it easier for both professional and non-professional editors to create unique videos. This new feature eliminates the need for video specialists and expensive editing software. Wochit Collage can be used for various video use cases, such as illustrating speeches, comparing players, and showcasing fashion styles. The company aims to stay ahead of the competition by providing a quick and flexible solution for brands to create sophisticated videos. The launch of Wochit Collage is expected to contribute to the companys growth.
CustomersExpand
| Sector | Media & Entertainment Technologies |
Funding
| Total funding | $28.75M |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 5 |
| Investors | 9 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.wochit.com |
| App Store | App Store |
| Google Play | Google Play |
Locations
HaArba'a Street 21, Tel Aviv-Yafo, Israel
12e East 33rd Street, NY, New York, USA
9 Appold St, London EC2A 2AP, UK
Photos & Videos
2 item(s)
Wochit Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Media & Entertainment TechnologiesDigital Content ProductionEducation & Knowledge TechnologiesTarget Customer
Media & EntertainmentContent ProductionMediaPublishingEnterprise & Professional ServicesEnterprisesSMBs & SMEsMultimedia & Graphic DesignCore Technology
Platforms & InterfacesSoftwareTags (16)
publisherscloud-basedvideo-platformvideo-sharingcustomer-engagementbrandingvideo-editingsocial-mediadeveloperssmbcontent-discoverysocial-platformmarketingenterprise-solutionsmobile-applicationsenterprisesGeographic Markets
GlobalWochit Financials
$28.75M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Mature
Funding stage
5
Total rounds
9
Investors
Cumulative Funding Raised Over Time ($)
—Jan 2017
$4.8MMay 2013
$15.8MMay 2014
$15.8MNov 2018
$28.8MOct 2016
Private Equity Funding
Undisclosed Round
Nov 2018
Undisclosed
Cerca Partners
Undisclosed Round
Jan 2017
Undisclosed
PA Group
C Round
Oct 2016
$13M
Redpoint Ventures, SPH Media Fund, Carlo de Benedetti, Cedar Fund, ProSiebenSat.1 Media SE, Marker, Cerca Partners
B Round
May 2014
$11M
Marker, Cedar Fund, Redpoint Ventures, Greycroft
A Round
May 2013
$4.75M
Cedar Fund, Greycroft, Redpoint Ventures
Wochit Lifecycle
Cumulative Funding Raised Over Time
—Jan 2017
$4.8MMay 2013
$15.8MMay 2014
$15.8MNov 2018
$28.8MOct 2016
All Events
Undisclosed Round
Nov 2018
Undisclosed
Cerca Partners
Undisclosed Round
Jan 2017
Undisclosed
PA Group
C Round
Oct 2016
$13M
Redpoint Ventures, SPH Media Fund, Carlo de Benedetti, Cedar Fund, ProSiebenSat.1 Media SE, Marker, Cerca Partners
B Round
May 2014
$11M
Marker, Cedar Fund, Redpoint Ventures, Greycroft
A Round
May 2013
$4.75M
Cedar Fund, Greycroft, Redpoint Ventures
Wochit News
16 articles
growth-positive
Wochit Launches a Plug-and-Play Video Editor That Companies Can Seamlessly White-Label as Part of Their Platform
Wochit, a leader in SaaS video creation, distribution, and automation, has launched a streamlined, self-serve version of their video creation product. The new video editor is designed to be easily embedded and white-labeled by organizations looking to add video editing to their platform for their customers. This move is expected to result in exponential growth for Wochit and their customers. The video editor allows for seamless integration with minimal developer lift and offers effortless, customizable templates for various industries. Wochit has already been embraced by companies such as Houzz, Taboola, Kaltura, and Shutterstock. The video editor is available to try for free, and pricing is affordable for businesses of all kinds and sizes.
Customers
growth-positive
Shutterstock and Wochit Partner to Power Enterprise Video Creation
Shutterstock, Inc. has announced a strategic alliance with Wochit, a video creation platform, to power enterprise video creation and help organizations produce authentic video content. Through the partnership, customers will have access to on-brand video creation capabilities using Shutterstocks asset library. The alliance aims to bring scalable video content creation to millions of users through platform partnerships and technology innovations. The partnership is expected to have a positive impact on Shutterstocks growth.
Partners
The 10 most innovative video companies of 2020
growth-positive
Wochit and Kaltura Join Forces in a Multifaceted Partnership
Wochit has partnered with Kaltura to offer its video creation capabilities to Kaltura customers. Wochit Studio is now accessible for all Kaltura customers via the Kaltura MediaSpace video portal and Kaltura Application Framework products. The partnership allows Kaltura users to take advantage of Wochits video editing technology and content library. Wochit has also chosen Kalturas Video Platform as a Service (VPaaS) to complete Wochit Inside, its embedded video creation solution. The partnership is expected to enhance the video creation capabilities of both companies.
Partners
growth-positive
Wochit Re-Invents Video Creation Once Again: New Wochit Collage Unleashes Your Creativity
Wochit, the leading video creation platform, has launched Wochit Collage, a new functionality that allows users to create creative videos with dynamic layouts. The user-friendly interface makes it easier for both professional and non-professional editors to create unique videos. This new feature eliminates the need for video specialists and expensive editing software. Wochit Collage can be used for various video use cases, such as illustrating speeches, comparing players, and showcasing fashion styles. The company aims to stay ahead of the competition by providing a quick and flexible solution for brands to create sophisticated videos. The launch of Wochit Collage is expected to contribute to the companys growth.
CustomersExpand
growth-positive
UN enters video content partnership with Wochit Mobile Marketing Magazine
The United Nations has partnered with Wochit, a predictive video creation platform, to bring its video content to Wochits content library. This partnership allows Wochit customers to incorporate video material from the UNs video news wire service, UNifeed. The content includes footage from the UN headquarters and the field, along with shot lists and story summaries. Wochits users now have access to pre-licensed rights of UNifeed, joining other media sources like Reuters, Getty, and AFP. This partnership is expected to increase the reach of the UNs information products and bring information about the United Nations to a wider global audience.
Partners
growth-positive
Wochit Expands Relationship with Getty Images to Offer Video Creators Creative Commercial Content
Wochit announces its expanded focus towards brands through its first commercial partnership with Getty Images, providing Wochit customers full access to Getty Images visual assets. With this collaboration, Wochit aims to offer brands the widest and most accessible library of visual assets for impactful video creation. Getty Images is leading the expansion of Wochits commercial offering, joining other established editorial partners. Wochit is a predictive video creation platform that empowers storytellers to create high-impact videos at scale and speed.
Partners
Wildmoka and Wochit to Launch New Integration to Give Users Even Better Live Video Editing Powers
growth-positive
Wochit expands social video in Asia
Wochit has formed new publisher relationships in Asia and Australia. The company is actively pursuing growth in the region and has already partnered with publishers such as Singapore Press Holding, Pacific Magazines, West Australian News, Pear Video, Yahoo JAPAN, and Hybrid News Group. Wochit is also increasing its partnerships with content providers, including China Central Television’s CCTV+ and Xinhua News Agency. The company aims to expand its customer base in the Asia-Pacific region, which has a large and growing digital video audience. The article does not mention any specific dates or financial details.
PartnersCustomers
growth-positive
PA Group invests in social video creation platform Wochit
PA Group, the parent company of the Press Association, has made a strategic investment in the social video creation platform Wochit. The investment will contribute to the development of new tools and features for Wochits technology and support its global expansion. PA Groups strategic partnership with Wochit is part of its long-term strategy to diversify its business and consolidate its position as the UKs leading provider of cross-platform content and services.
Investment
growth-positive
Israeli social video creation co Wochit raises $13m
Israeli social video creation platform Wochit has closed a $13 million financing round with investment from media giants ProSieben, Singapore Press Holdings SPH Media Fund, Carlo de Benedetti, and several existing investors. The funds will be used to enhance Wochits technology and expand its business with publishers and content creators worldwide.
Investment
growth-positive
Wochit Unveils Optimized Social Video for Facebook, Twitter, Snapchat & More
Video creation platform Wochit has added social-video optimization to its platforms content production tools. This upgrade will allow media companies to generate and distribute social video that is specifically optimized for popular channels such as Facebook, Instagram, Snapchat, Twitter, and YouTube. With the new video optimization tools, media companies and content creators can adjust video aspect ratio, support vertical video, automatically fit text overlays, and easily upload videos to social platforms. This enhancement aims to help media companies fast forward their video strategy and provide a great viewing experience for consumers. Wochit is a video creation platform used by media brands such as Time Inc., Daily News, USA Today, and Gannett.
Customers
growth-positive
Time Inc. signs up for Wochit's video creation tools
Time Inc. has partnered with Wochit, a startup that helps online publishers create short videos. Wochit analyzes the text of an article and automatically finds licensed photos, videos, and graphics to build a video around the story. This partnership will allow Time Inc. to create videos quickly and affordably, complementing its existing production capabilities. 21 of Time Inc.s brands have already tried out Wochit as part of a pilot program. Other customers of Wochit include The New York Daily News, USA Today, and AOL.
Partners
growth-positive
Wochit Chosen by The Week to Create Daily Video for Mobile Audiences
Wochit has announced a partnership with The Week to power video within The Weeks new twice-daily news app, The WeekDay. The partnership allows The Week to include a one-minute video digest of the leading international stories of the day in their app. The WeekDay app quickly ranked #2 in the App Stores news category after its release. This partnership is seen as a growth-positive move for Wochit, as it allows them to expand their audience through video and serve a growing audience of video-first mobile consumers.
Partners
growth-positive
Wochit Raises $11 Million For Text-To-Video Content Creation Platform
New York-based Wochit has raised $11 million in financing to expand its text-to-video technology for publishers. The companys technology uses natural language search to find relevant content from online sources and produce videos for publishers. Wochit already has high-profile customers including Forbes, AOLOn, The Chicago Tribune, and Yahoo. The financing round was oversubscribed and will be used to grow the companys sales and business development efforts, as well as expand its engineering team.
CustomersInvestment
growth-positive
Video News Specialist Wochit Raises $4.75 Million From Redpoint, Cedar Fund, And Greycroft
Wochit, a startup that automates the process of editing footage into watchable segments for news videos, has raised $4.75 million in funding. The company licenses raw footage from original sources and creates template videos that can be used by any news organization. Wochits technology reduces the time and cost associated with producing timely news videos, making it easier for publishers to have timely videos around breaking stories. They also help publishers monetize their videos by allowing them to sell their own video ads or split ad revenues for ads that Wochit has sold. The funding will be used to advance Wochits go-to-market strategy. The company was founded by Dror Ginzberg and Ran Oz and currently has 20 employees with offices in Israel and New York City.
InvestmentExpand
Wochit Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 32 |
| Team members | 4 |
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Wochit Internal
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Admin Info
| Confidence | 103/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514761543 |
| Crunchbase | wochit |
| Phone | +97236203699 |
| Creator | Raz Zohar |
| Creator email | raz@platterz.ca |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2024-05-23T00:00:00.000Z |
| Created | 2014-09-17T00:00:00.000Z |
| Claimed | Yes |