Showbox
Platform for Video Creation and Production
Company Overview
Snapshot
Founded in November 2012 by Tomer Afek and Effi Atad, Showbox operated with 1–10 employees. The company raised $13.1M across two funding rounds from five investors before being acquired by PowToon in February 2019.
Business overview
Showbox developed a free online video-creation platform designed to enable users to produce high-quality, professional videos using their own content. The platform provided a cloud-based video creator with a suite of tools and ready-made templates to streamline the creation process, serving the Media & Entertainment Technologies sector.
Strategic signal
In February 2019, Showbox was acquired by PowToon. This acquisition indicates a strategic consolidation within the digital content creation market, with PowToon integrating Showbox's video creation capabilities to enhance its own offerings and expand its user base.
Log in to access full profile ›Company Intelligence Q&A
- What is Showbox's primary business?
- Showbox provided a free online video-creation platform that allowed users to create high-quality, professional videos using their own content, offering a suite of tools and ready-made templates.
- When was Showbox acquired?
- Showbox was acquired by PowToon in February 2019.
- Who are the founders of Showbox?
- Showbox was founded by Tomer Afek and Effi Atad.
- What was Showbox's total capital raised?
- Showbox raised a total of $13.1M across two funding rounds.
- When did Showbox announce its partnership with Kutiman?
- In June 2018, Showbox announced its next decentralized phase and partnered with acclaimed video artist Kutiman.