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Getty Images leads $16M financial investment in Promo.com, a social video design template tool

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The social video tool Promo.com simply raised $16 million in a Series B round led by Getty Images, the business associated with stock images.

Brands, developers or whoever else may require some fast and unclean video material can browse Promo.com for what they require, much like they would utilize a stock photography service. Getty provides its own library of stock videos too, however Promo.com supplies both the video and the tools for non-editors to craft a fundamental edit with a bit of personalization.

Brand names can pick an existing expert video from a library, plug in their own message and include a logo design or custom-made audio. All that’s left is downloading the tailored video and blending it off to their social channels.

Mizrahi-Tefahot Bank, among the biggest banks in Israel, likewise took part in the Series B round through financial obligation funding. Promo.com’s existing “tactical collaboration” with Getty Images will deepen as part of the offer, providing the previous business access to the latter’s extensive existing swimming pool of video.

Promo.com video library

Image Credits: Screenshot/Promo. com Naturally, Promo.com isn’t the only program in town. Video production platform Biteable raised $7 countless its own in December, and likewise enables business to make brilliant, bite-sized video material for social. The very structured graphic style platform Canva Supports video modifying with its own library of stock images. Vimeo provides its own video design template service too, called Vimeo Create, which outgrew the business’s acquisition of the AI-powered video editor Magisto.

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adobe photoshop, canva, Getty, Getty-Images, Israel, Magisto, Promo.com, Recent Funding, Social, Startups, stock photography, TC, video editor, video hosting, Vimeo


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