Wibbitz

Company Overview

Snapshot

Founded in July 2011 by Zohar Dayan, Wibbitz operates with 11–50 employees. The company has raised $30.8 million across 5 funding rounds from 11 investors. In November 2021, Vimeo acquired Wibbitz, expanding its video software solution for enterprise clients.

Business overview

Wibbitz is an automated video creation company that leverages patented AI technology to streamline video production. Its platform enables content creators to produce videos for various platforms and channels, offering personalized video templates, editing tools, and access to licensed media. Wibbitz serves over 600 customers, including major media and corporate entities like Bloomberg, Reuters, Condé Nast, and TripAdvisor, operating within the business software, advertising platforms, and digital content distribution sectors.

Strategic signal

In November 2021, Vimeo acquired Wibbitz, a strategic move that significantly expanded Vimeo's video software solutions for enterprise clients. This acquisition signals a consolidation within the video creation and enterprise software markets, demonstrating Vimeo's intent to enhance its offerings with Wibbitz's AI-powered automation capabilities and established client base.

Company Intelligence Q&A

What was a significant corporate event for Wibbitz in late 2021?

In November 2021, Vimeo acquired Wibbitz to expand its video software solution for enterprise clients, integrating Wibbitz's automated video creation capabilities.

When did Wibbitz launch its Studio and WAVI products?

In January 2020, Wibbitz launched Studio and WAVI to meet brand demand for enterprise-class video creation and automation.

What research did Wibbitz release in September 2019?

In September 2019, Wibbitz released new research on Instagram user behaviors, identifying opportunities to improve performance by leveraging video content.

Which company partnered with Wibbitz to produce video for Amazon Echo Show?

In March 2019, Mail Plus partnered with Wibbitz to produce video content specifically for the Amazon Echo Show.

What was Wibbitz's ranking on Deloitte's 2019 Technology Fast 500™?

In November 2019, Wibbitz was ranked as the 8th fastest-growing company in North America on Deloitte's 2019 Technology Fast 500™.