Wibbitz
Video Creation Platform
Company Overview
Snapshot
Founded in July 2011 by Zohar Dayan, Wibbitz operates with 11–50 employees. The company has secured funding across 5 rounds from 11 investors. Wibbitz was acquired by Vimeo in October 2021.
Business overview
Wibbitz is an automated video creation company that utilizes patented AI technology to streamline video production. Its platform enables content creators to produce videos for various platforms and channels, offering personalized templates, editing tools, and access to millions of licensed media assets. Wibbitz serves over 600 customers, including major media and advertising entities like Bloomberg, Reuters, Condé Nast, and McCann, operating within the Business Software sector.
Strategic signal
In November 2021, Vimeo announced its acquisition of Wibbitz, signaling a strategic move to expand Vimeo's video software solutions for enterprise clients. This acquisition highlights the increasing demand for automated video creation tools within the corporate sector and positions Vimeo to offer more comprehensive video production capabilities to its business users.
Log in to access full profile ›Company Intelligence Q&A
- What was the most significant corporate event for Wibbitz?
- Wibbitz was acquired by Vimeo in October 2021. This acquisition was aimed at expanding Vimeo's video software solution for enterprise clients.
- Which investors participated in the October 2017 funding round?
- In October 2017, Wibbitz received funding from Horizons Ventures and lool ventures, among others.
- When did Wibbitz expand its product line to include customizable video creation interfaces?
- In June 2019, Wibbitz expanded its product line to include a fully customizable video creation interface for web products and mobile applications.
- What new research did Wibbitz release in September 2019?
- In September 2019, Wibbitz released new research on Instagram user behaviors, identifying opportunities to enhance performance by leveraging video content.