Promo.com
{{short description|Video maker and a cloud-based video creation service}}
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{{Infobox company
| name = Promo.com
| logo = Promo.com_Logo.png
| logo_size = 250px
| type = Private
| industry = Video creation service
Video slideshows
| foundation = Tel Aviv, Israel {{Start date|2012}}
| founder = Tom More
| defunct =
| location_city = Tel Aviv
| location_country = Israel
| locations =
| area_served = Worldwide
| key_people = Tom More (Founder)
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = 78
| parent = EasyHi Ltd
| homepage = {{URL|promo.com}}
}}
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|date=March 2024}} The company has offices in Warsaw, New York City, and Tel Aviv.{{cite web | url=http://www.vcpost.com/articles/23278/20140411/israeli-slideshow-app-slidely-bags-7-3m-to-fund-mobile-plans.htm | title=Israeli slideshow app Slidely bags $7.3M to fund mobile plans | publisher=VC Post | date=11 April 2014 | access-date=23 April 2014}}
History
Promo was launched in 2016 by founder Tom More.{{Citation needed|date=March 2024}}
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.{{Cite web |website=Product Hunt |date=2018-03-23 |title=Golden Kitty Awards Winners 🏆😺 |url=https://blog.producthunt.com/golden-kitty-awards-winners-7c2628e5f429 |access-date=2024-04-23 |via=Medium |language=en}}
In January 2019, the company announced changing its name to Promo.com and moving to a new domain.{{cite web|title= Content Creation Service Slidely Rebrands as Promo|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3754846,00.html|publisher=CTEch|access-date=23 January 2019}}
In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator powered by Getty Images and ChatGPT.
Business
Promo.com employs around 50 people as of 2018. In its first year, the company raised $1.5 million in Series A funding.{{cite web | url=http://mashable.com/2012/12/27/slidely/ | title=Turn Holiday Photos Into a Video Slideshow With Slide.ly | access-date=11 February 2014 | author=Veena Bissram| website=Mashable }}
In 2021 the company announced an additional capital{{Cite web |last=Hatmaker |first=Taylor |date=2021-05-25 |title=Getty Images leads $16M investment in Promo.com, a social video template tool |url=https://techcrunch.com/2021/05/25/promo-com-getty-images-series-b/ |access-date=2023-12-15 |website=TechCrunch |language=en-US}} and debt raise, with participation from Getty Images.{{cite web |last=Weber |first=Harrison |date=10 April 2014 |title=Slidely's 40M users and $7.3M in funding shows slideshows may be sexy after all |url=https://venturebeat.com/2014/04/10/slidelys-40m-users-and-7-3m-in-funding-shows-slideshows-may-be-sexy-after-all/ |access-date=23 April 2014 |publisher=Venture Beat}}
See also
References
{{reflist|2}}
External links
- {{Official website|http://promo.com}}
{{Online social networking}}
Category:Israeli companies established in 2012
Category:Companies based in Tel Aviv