Capsule Secures $12M to Enhance AI Video Editing for Brands
Capsule has successfully raised $12 million in Series A funding to upgrade its AI video editing platform, aimed at marketing, sales, and media teams. The new version will introduce features like AI suggestions and real-time collaboration. Users can input prompts, enabling the AI to recommend footage and edit sequences to enhance storytelling. Capsule's CEO, Champ Bennett, highlighted the platform's goal to assist non-experts in producing compelling video content. The funding round saw participation from prominent investors including Innovation Endeavors and HubSpot Ventures. Capsule plans to expand its team and improve its product offerings.
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