Promo.com
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Company type | Private |
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Industry | Video creation service Video slideshows |
Founded | Tel Aviv, Israel 2012 |
Founder | Tom More |
Headquarters | , |
Area served | Worldwide |
Key people | Tom More (Founder) |
Number of employees | 78 |
Parent | EasyHi Ltd |
Website | promo |
Promo.com is a cloud-based video creation service. It allows the creation of videos from stock videos, photos, video clips, and music.[citation needed] The company has offices in Warsaw, New York City, and Tel Aviv.[1]
History
[edit]Promo was launched in 2016 by founder Tom More.[citation needed]
In October 2017, the company announced that it had acquired Unstock, a mobile-first marketplace for authentic footage, based in Poland.
In January 2018, the company was awarded Best B2B Product of the Year at Product Hunt's 2017 Golden Kitty Awards.[2]
In January 2019, the company announced changing its name to Promo.com and moving to a new domain.[3]
In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator powered by Getty Images and ChatGPT.
Business
[edit]Promo.com employs around 50 people as of 2018. In its first year, the company raised $1.5 million in Series A funding.[4]
In 2021 the company announced an additional capital[5] and debt raise, with participation from Getty Images.[1][6]
See also
[edit]References
[edit]- ^ a b "Israeli slideshow app Slidely bags $7.3M to fund mobile plans". VC Post. 11 April 2014. Retrieved 23 April 2014.
- ^ "Golden Kitty Awards Winners 🏆😺". Product Hunt. 2018-03-23. Retrieved 2024-04-23 – via Medium.
- ^ "Content Creation Service Slidely Rebrands as Promo". CTEch. Retrieved 23 January 2019.
- ^ Veena Bissram. "Turn Holiday Photos Into a Video Slideshow With Slide.ly". Mashable. Retrieved 11 February 2014.
- ^ Hatmaker, Taylor (2021-05-25). "Getty Images leads $16M investment in Promo.com, a social video template tool". TechCrunch. Retrieved 2023-12-15.
- ^ Weber, Harrison (10 April 2014). "Slidely's 40M users and $7.3M in funding shows slideshows may be sexy after all". Venture Beat. Retrieved 23 April 2014.