Tech Company Financing Transactions

Magisto Funding Round

On 10/29/2013, Magisto raised $13 million in Series C funding from Horizons Ventures, Magma Venture Partners and Qualcomm Ventures.

Transaction Overview

Company Name
Announced On
10/29/2013
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series C
Investors

Horizons Ventures (Frank Meehan)

Magma Venture Partners

Qualcomm Ventures (Mony Hassid)

SanDisk Ventures

Proceeds Purpose
The new funding will be dedicated to expanding Magisto's leadership position in the emerging category of Video Storytelling, the ability to create rich, professional-looking personal movies, quickly and easily, and share them with specific people across a prescribed network.

Company Information

Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
261 Madison Ave. 9th Floor
New York, NY 10016
USA
Phone
Undisclosed
Email Address
Overview
Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the "intent" of the filmmaker by analyzing the sounds and images on the video.
Profile
Magisto LinkedIn Company Profile
Social Media
Magisto Company Twitter Account
Company News
Magisto News
Facebook
Magisto on Facebook
YouTube
Magisto on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Oren Boiman
  Oren Boiman LinkedIn Profile  Oren Boiman Twitter Account  Oren Boiman News  Oren Boiman on Facebook
Chief Marketing Officer
Reid Genauer
  Reid Genauer LinkedIn Profile  Reid Genauer Twitter Account  Reid Genauer News  Reid Genauer on Facebook
Chief Operating Officer
Tal Dagan
  Tal Dagan LinkedIn Profile  Tal Dagan Twitter Account  Tal Dagan News  Tal Dagan on Facebook
Chief Technical Officer
Alex Rav-Acha
  Alex Rav-Acha LinkedIn Profile  Alex Rav-Acha Twitter Account  Alex Rav-Acha News  Alex Rav-Acha on Facebook
VP - R & D
Ori Hasse
  Ori Hasse LinkedIn Profile  Ori Hasse Twitter Account  Ori Hasse News  Ori Hasse on Facebook


 

 

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Prev: 10/29/2013: 9Lenses venture capital transaction
Next: 10/30/2013: PathoGenetix venture capital transaction

 

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