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Capsule captures $12M to build the next version of its AI video editor for brands
Capsule is upgrading its AI-powered video editing assistant for marketing, sales, and media teams following the close of a $12 million round of Series A Capsule's AI video editor is getting an upgrade and it just secured $12M in Series A funding to help make it happen.
Capsule is upgrading its AI-powered video editing assistant for marketing, sales, and media teams following the close of a $12 million round of Series A funding, the company announced on Wednesday. “[It’ll be] more of an interactive experience where the AI is suggesting things to you based on what it thinks is going to make your video easier to understand and have better performance,” Capsule co-founder and CEO Champ Bennett told TechCrunch. The Series A round was led by Innovation Endeavors, with participation from HubSpot Ventures and several angels, such as Frame.io founder Emery Wells, former Twilio executive François Dufour, Ramp co-founder Karim Atiyeh, Instacart’s chief marketing officer Laura Jones, and others.
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