{"id":24511,"date":"2021-05-26T05:52:53","date_gmt":"2021-05-26T05:52:53","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/getty-images-leads-16m-investment-in-promo-com-a-social-video-template-tool.html"},"modified":"2021-05-26T05:52:53","modified_gmt":"2021-05-26T05:52:53","slug":"getty-images-leads-16m-investment-in-promo-com-a-social-video-template-tool","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/getty-images-leads-16m-investment-in-promo-com-a-social-video-template-tool.html","title":{"rendered":"Getty Images leads $16M investment in Promo.com, a social video template tool"},"content":{"rendered":"

The social video tool Promo.com<\/a> just raised $16 million in a Series B round led by Getty Images, the company synonymous with stock imagery.<\/p>\n

Brands, creators or whoever else might need some quick and dirty video content can search Promo.com for what they need, just like they would use a stock photography service. Getty offers its own library of stock videos as well, but Promo.com provides both the video clips and the tools for non-editors to craft a basic edit with a little bit of customization.<\/p>\n

Brands can select an existing professional video clip from a library, plug in their own message and add a logo or custom audio. All that\u2019s left is downloading the customized video and whisking it off to their social channels.<\/p>\n

<\/p>\n

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Biteable raises $7 million Series A for its template-based online video builder<\/a><\/p>\n<\/blockquote>\n

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Mizrahi-Tefahot Bank, one of the largest banks in Israel, also participated in the Series B round through debt financing. Promo.com\u2019s existing \u201cstrategic partnership\u201d with Getty Images will deepen as part of the deal, giving the former company access to the latter\u2019s expansive existing pool of video clips.<\/p>\n

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Image Credits:<\/strong> Screenshot\/Promo.com<\/p>\n

Of course, Promo.com isn\u2019t the only show in town. Video creation platform Biteable<\/a> raised $7 million of its own in December, and similarly allows companies to make bright, bite-sized video content for social. The super streamlined graphic design platform Canva<\/a> also supports video editing with its own library of stock images. Vimeo offers its own video template service too, known as Vimeo Create<\/a>, which grew out of the company\u2019s acquisition of the AI-powered video editor Magisto.<\/p>\n

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Vimeo\u2019s new app helps small businesses create professional social videos<\/a><\/p>\n<\/blockquote>\n

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Canva raises $60 million on a $6 billion valuation<\/a><\/p>\n<\/blockquote>\n

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Extra Crunch members get unlimited access to 12M stock images for $99 per year<\/a><\/p>\n<\/blockquote>\n

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\u00a0<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/o-heJQvtKEE\/<\/p>","protected":false},"excerpt":{"rendered":"

The social video tool Promo.com just raised $16 million in a Series B round led by Getty Images, the company synonymous with stock imagery. Brands, creators or whoever else might <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[10,7,14,15,6,12,11],"class_list":["post-24511","post","type-post","status-publish","format-standard","hentry","category-latest-update","tag-computer-news","tag-downloads","tag-microsoft-download-news","tag-networking-updates","tag-technology-update","tag-wordpress-plugin-download","tag-wordpress-theme-download"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t