Wibbitz develops text-to-video technology that allows publishers to repackage textual content into digestible, rich and informative video summaries within seconds. Its text-to-video technology and Control Room video creation platform support simple and scalable video production for thousands of videos each month. Wibbitz hosts offices in both NYC and Tel Aviv.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/21/15 | $8,000,000 | Series B |
Initial Capital Kima Ventures lool Ventures NantMobile | undisclosed |
| 10/24/17 | $20,000,000 | Series C |
Bertelsmann Digital Media Investments Horizons Ventures lool Ventures NantMobile TF1 Group The Associated Press The Weather Channel | undisclosed |
