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Video Enhancement Startup Minute.ly Raises $8 Million

Minute.ly uses artificial intelligence tools to automatically analyze videos and create video teasers for publishers and broadcasters

Adi Pick 16:0025.07.19
Tel Aviv-based video enhancement company Minute.ly, incorporated as Minute Spoteam Ltd., announced Thursday the closing of an $8 million funding round. Singapore-based asset management company Ansonia Holdings Singapore BV and Zug, Switzerland-based sports marketing company Infront Sports & Media AG participated in the round.

 

Founded in 2014, Minute.ly uses artificial intelligence tools to automatically analyze videos and create video teasers for publishers and broadcasters. The company has raised $12 million to date.

Tel Aviv. Photo: Shutterstock Tel Aviv. Photo: Shutterstock
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