Loopster, which was founded in April 2011, set out to develop the world's simplest online video editor by allowing users to cut, splice and add music and other features to videos with a straight-forward, user-friendly interface. Not stopping there, Loopster wanted to develop the most feature-rich video editing mobile app that the market has ever seen and released their universal iOS app in late June 2013.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/16/13 | undisclosed | Strategic |
KiwiTech | undisclosed |