Magisto Inks $5.5M for Cloud-based Video Editing

San Francisco-based Magisto has closed on $5.5 million in financing from Horizons Ventures and Magma Venture Partners. The company provides a free, web-based video editing service. Horizons led the Series B round. Magma was a previous investor in the company’s 2010 first round.

20 September 2011•3 mins read
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