Now At 4M Users, Video Startup Animoto Adds Former Aol/Yahoo Exec Brad Garlinghouse To Board


TechCrunch

Back in July of last year, Animoto, the startup that lets people easily create good-looking videos from user-uploaded audio, video and images, raised $25 million in venture funding, led by Spectrum Equity Investors, bringing its total outside investment to $30 million. As Mike pointed out at the time, were Animoto interested in a quick sale, they would likely have taken an exit in 2009 or 2010. However, the big Series C round seemed to be an indicator that Animoto had other plans, like the goal of turning the company into a giant.

This sentiment was echoed in a blog post today by CEO and co-founder Brad Jefferson, who said that the team is “in it for the long haul,” and although the company’s fifth birthday is sneaking up, they feel like they’re “just getting started.” In short, that means Animoto wants to stay true to its mission…

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