Wochit

Company Overview

Snapshot

Founded in April 2012 by Dror Ginzberg and Ran Oz, Wochit operates with 11–50 employees. The company has raised $28.75 million across 5 funding rounds from 9 investors. In August 2022, Wochit launched a plug-and-play video editor designed for seamless white-label integration by companies.

Business overview

Wochit develops advanced cloud-based video creation platforms that empower users of all skill levels to produce high-impact videos at scale and speed. The company's video storytelling platforms integrate deep knowledge of digital video production with a library of over 200 million commercial and copyright-free images and videos from professional and social sources. Wochit serves hundreds of media companies and brands, operating within the Media & Entertainment Technologies sector, specifically focusing on Digital Content Production, and targeting Media & Entertainment, and Enterprise & Professional Services markets.

Strategic signal

In August 2022, Wochit launched a plug-and-play video editor, enabling companies to seamlessly white-label and embed video editing capabilities into their own platforms. This strategic move signals Wochit's intent to scale its reach through B2B partnerships and platform integrations, positioning the company for exponential growth by empowering a broader ecosystem of businesses to leverage its video creation technology.

Company Intelligence Q&A

What was a significant product launch for Wochit?

In August 2022, Wochit launched a plug-and-play video editor designed for seamless white-label integration by companies. This new editor allows organizations to easily add video editing functionality to their platforms for their customers.

What was a key partnership for Wochit in 2021?

In June 2021, Shutterstock, Inc. announced a strategic alliance with Wochit to power enterprise video creation. This partnership provides customers with access to on-brand video creation capabilities using Shutterstock's asset library.

What was the nature of Wochit's partnership with Kaltura?

In January 2020, Wochit partnered with Kaltura to offer its video creation capabilities to Kaltura customers, making Wochit Studio accessible via Kaltura MediaSpace and Kaltura Application Framework products. Wochit also selected Kaltura's Video Platform as a Service (VPaaS) for its embedded video creation solution, Wochit Inside.

What was a notable product enhancement by Wochit in 2019?

In July 2019, Wochit launched Wochit Collage, a new functionality within its video creation platform that enables users to create dynamic layouts and creative videos with a user-friendly interface, aiming to simplify video production for both professionals and non-professionals.

Which organization partnered with Wochit to expand its content library?

In March 2019, the United Nations partnered with Wochit to integrate its video content into Wochit's content library. This collaboration provides Wochit customers with access to video material from the UN's UNifeed news wire service, including footage, shot lists, and story summaries.