Yahoo acquires video editing co., Jumpcut

Yahoo has acquired San Francisco start-up Jumpcut, the online video editing company, for an undisclosed amount, we’ve just been told. (See here for more).

It could herald the beginning of consolidation in the video area, which has become filled with similar companies. Jumpcut’s video editing tools are based on Adobe’s “flash” technology. Jumpcut is different because it is a fully-featured video editor, which sits in the browser, and there’s nothing to download. With built-in flash technology, the editor lets you see everything you do immediately: changes in color, sharpening and so on. You can host your videos at the site, and pull in videos from other video editing companies — and of course, share them with all your friends.

Jumpcut raised an undisclosed amount of seed money from Westlake Venture Partners and Great Oaks Capital, and two individual “angel” investors, and was in the process of raising another round of capital when Yahoo came in with an offer.

We mentioned them here.

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  • Joe
    Jumpcut + Yahoo = A Great Fit.

    A large part of the potential in this formula is the practical matter of building a more inviting interface to what has already proven to be a blockbuster market: targeted advertising using a highly categorized video library with considerable reach (is it obvious I'm referring to Google/YouTube yet?)

    I consider Jumpcut one of the best alternatives to YouTube at the moment. The lack of good online video editing and general under-education are what is keeping the video rage from going to the next level - if only because it’s tedious (at best) and impossibly complex (at worst) to produce video.

    For a detailed review of Jumpcut: http://www.vibetechnology.com/vt/2006/11/04/mix-and-edit-media-online-with-jumpcut/.

    One other possible revenue source: a bridge between this kind of service and pro/offline editing with tiered subscription offerings.