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.
Tags: co:Jumpcut, co:yahooOne Comment
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Joe said:
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.
9 Trackbacks
9:58 am
VentureBeat Wire » Yahoo acquires video making software co., JumpCut said:
[...] See here for our story. VentureBeat Community [...]
1:05 pm
Who is winning the video race? » Mathew Ingram: mathewingram.com/work said:
[...] with del.icio.us | Email this entry | TrackBack URI | Digg it | Track with co.mments | | Cosmos Click here forcopyright permissions! Copyright 2006 Mathew Ingram [...]
5:15 pm
VentureBeat » VideoEgg raises $12 million, going for bigtime said:
[...] The funding, reported in BusinessWeek (worth reading, for the background) comes hours after news emerged that Yahoo had acquired Jumpcut, another San Francisco video editing company. [...]
1:37 pm
Online dating » Yahoo Acquires Video Editing Company, Jumpcut said:
[...] VENTURE BEAT — Sep 28 — Jumpcut’s video editing tools are based on Adobe’s "flash" technology. It’s a fully-featured video editor, which sits in the browser. Jumpcut also host videos. FULL ARTICLE @ VENTURE BEATMark Brooks: Online personals users are buying webcams. Cameras are all video enabled these days. It’s time to enable video uploads on profiles. Videos don’t lie. [...]
4:52 am
Dadblog » links for 2006-09-28 said:
[...] VentureBeat » Yahoo acquires video editing co., Jumpcut (tags: yahoo video jumpcut) [...]
9:17 pm
Yahoo Gets It (or, Why The Economist Is Balanced And Still Wrong; or, 10 Reasons Why Yahoo Will Do Better Than The Mobs Think) at Disruptive Thoughts said:
[...] 4) Yahoo’s recent acquisition of online video site Jumpcut. The purchase, a technology play, has huge potential. A key component of the future of media is the ability to remix content. Jumpcut allows you to edit movies or “remix someone else’s” right in your browser. Huge. [...]
6:38 pm
» Jumpcut Case Study: Blueprint for a product acquisition - Startup Review Blog said:
[...] Yahoo acquires video editing co., Jumpcut, Venture Beat, September 27, 2006 Discussion of Yahoo! acquisition [...]
8:30 pm
ideablog » Архив блога » Все сделки 2007 г. в области web/technology на западном рынке said:
[...] Онлайновый сервис редактирования видео. Официальный пост в блоге | TechCrunch | GigaOm | Mashable | VentureBeat [...]
5:22 am
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