Animoto

Animoto is a cloud-based video creation platform that enables users to easily create professional videos for various purposes, including marketing, sales, education, and personal use. The platform's key offering is its user-friendly, drag-and-drop interface that simplifies the video creation process. Animoto provides a vast library of customizable templates, stock images, videos, and licensed music tracks, allowing users to effortlessly enhance their video content.

One of Animoto's standout features is its Cinematic AI technology, which utilizes artificial intelligence to generate engaging videos from users' photos, screen recordings, and short clips. This technology streamlines the video creation process, enabling users to produce high-quality videos without extensive editing skills or expensive equipment.

Animoto caters to a diverse range of users, including businesses, entrepreneurs, educators, and individuals, offering tiered pricing plans to accommodate different needs and budgets. The platform's versatility extends to various video formats, such as promotional videos, slideshows, tutorials, and product demonstrations.

In August 2023, Animoto was acquired by Redbrick, a Canadian tech company known for its portfolio of disruptive digital brands. This acquisition aims to further enhance Animoto's capabilities and accelerate its growth, leveraging Redbrick's resources and strategic oversight.