Animoto is a browser-based video creation platform for creating professional videos from photos and music. VEED and Animoto are distinct, separate platforms (not name change related).

Animoto is a dedicated video creation platform that allows users to turn photos, video clips, and music into professional-looking videos. While VEED is a separate platform with more AI capabilities and competitive pricing, Animoto serves as an alternative video creation tool. VEED has grown to 10 million monthly active users with $35 million in Sequoia Capital backing and is known for powerful video editing and AI-driven video creation with avatars and voiceovers.
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Funding
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