Israeli video content startup AnyClip raises $47M in funding to position itself as “The Visual Intelligence Company”
AnyClip, a video analytics platform that provides media companies with tools to analyze and catalog their video libraries, said on Tuesday it raised $47 million in a funding round led by venture capital firm JVP, with participation from La Maison, Bank Mizrahi-Tefahot and internal investors also participated.
In addition to the funding, the Tel Aviv, Israel-based tech startup also relaunches to position itself as “The Visual Intelligence Company.” AnyClip said it plans to use the capital infusion to double its headcount from its current workforce of 120 employees across all offices to grow its video technology.
Founded in 2008 by Aaron Cohen and Nate Westheimer, AnyClip provides media companies with tools, insights, and successful solutions for video, grown from the world’s most complete video content data. AnyClip is ushering in a new era in video and AI with its proprietary visual intelligence technology.
Using patented AI at its core, the Luminous Platform analyzes a video’s image and audio content frame-by-frame in real-time, creating an instant, actionable dataset associated with each file. The data is then used to power AnyClip’s service offerings: a holistic set of tools helping media companies to manage, display and measure their video assets.
Video production, dissemination, and viewership are at an all-time high, accelerated by a year of a global pandemic lockdown. It is clear that businesses are simultaneously producing and drowning in content as video becomes the dominant form of communication. Anyclip is meeting that challenge with the introduction of the first fully automated and centralized platform for video management; distribution; contextualization and analytics; and monetization, powered by its proprietary visual intelligence.
“Video is now the leading communications medium for businesses around the world, but this tectonic shift to video has resulted in an infinite amount of new content that’s nearly impossible to navigate,” explained AnyClip President and CEO Gil Becker. “Our visual intelligence platform is helping bring order to this chaos for businesses in all industries, of all sizes and in any language. Powered by this new investment, AnyClip is expanding to address the needs of a huge untapped market for an automated platform that makes videos more discoverable, actionable, and personalized.”
“There is a revolution coming in the way enterprises use video to convey their message and their identity”, says Erel Margalit, JVP founder and Chairman, and Anyclip’s Board Chairman. “For the first time, AI meets video. Companies and organizations are now working to utilize this to create a new mode of communications, internally and externally, in all areas where video dominates in a much stronger way than text. Whether it’s how to create videos for consumers or training videos for the organization, or learning how to manage conferences run by video on zoom which need intelligent management in the retrieving of content. This is a new era, and AnyClip is a vital tool for anyone embarking upon it.”