Animoto Raises $4.4 Million
June 21st, 2009 by Lior Shamir
Animoto, the ultra slideshow-to-music creation service and one of my favourite properties for music marketing, announced last Thursday that the company has raised a second round of funding from Madrona Venture Group to the tune of $4.4 million. Animito boasts 750,000 registered users, 10% of which are premium, as well as a Facebook application installed by 2 million users and iPhone application with a modest 300,000.