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Wochit Raises $11 Million For Text-To-Video Content Creation Platform
Media companies looking for a way to ride the wave of customer demand for online video content may have found their vessel with the new $11 million financing for New York-based Wochit. The company, founded by two serial Israeli entrepreneurs, has raised fresh capital to roll out its text-to-video technology to any publisher that’s looking for more... Read more »
How to Make Lots of Web Video, Really Fast: Get Rid of (Most of) the Humans
Heads up, professional video makers: Robots may be coming for your jobs. We’ve already seen that software can replace human beings who used to write and edit news stories. Now, Wochit, an Israeli-born startup, is trying to do the same thing with video news. And it’s quite possible that you’ve seen some of its work... Read more »
Wochit’s DIY newsroom platform attracts $4.75M, former Reuters executive as CEO
News moves fast, and video is an important medium for staying on top of stories as they break. Video production platform Wochit has raised $4.75 million and hired media veteran Keith McAllister to make creating and publishing high-quality videos as efficient as possible. Wochit produces videos as news breaks or topics start to trend. The technology... Read more »
Video News Specialist Wochit Raises $4.75 Million From Redpoint, Cedar Fund, And Greycroft
Video is becoming an increasingly important part of news coverage online. But it’s also expensive and time-consuming to produce, and many publishers don’t have the resources to create them on their own. A startup called Wochit is changing the economics around video production for breaking news, and has raised $4.75 million to make their technology available... Read more »
Redpoint’s investment in Wochit
Question: what do you get when you combine a tremendous market need in a rapidly transforming industry with exceptional technologists who are determined to change the world? Answer: you get a very unique venture investment opportunity. Today, we are announcing our lead investment in Wochit—a company that will be at the forefront of modernizing global... Read more »
Mobile video: The New Must
No matter where you go these days, it seems like everyone is focused on their mobile phones, so it should come as no surprise that mobile video is growing — and fast. As of March 2015, 41% of all digital video views worldwide were done on mobile and Cisco predicts that 79% of all mobile... Read more »
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