Tech Company Financing Transactions
Magisto Funding Round
Magisto, based in New York, received $5.5 million from Horizons Ventures and Magma Venture Partners.
Transaction Overview
Company Name
Announced On
9/20/2011
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Series B
Investors
Horizons Ventures (Lead Investor) (Frank Meehan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
261 Madison Ave. 9th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Undisclosed
Website
Email Address
Overview
Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the "intent" of the filmmaker by analyzing the sounds and images on the video.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Boiman
Chief Marketing Officer
Reid Genauer
Chief Operating Officer
Tal Dagan
Chief Technical Officer
Alex Rav-Acha
VP - R & D
Ori Hasse
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