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WeVideoCloud video editing startup WeVideo has announced it will launch its premium and commercial packages on Thursday, which add in HD video editing and more storage.

WeVideo was one of the most talked-about companies of the conference, even winning the DEMOGod award. The service is centered around is letting users access a powerful Flash-based video editing application accessible from any browser on a PC or Mac. Up to until now, the service has only offered a free and limited video editor, but that will change with its new paid tools.

WeVideo’s new premium plans are targeted at journalists, marketers and others that need on-the-go editing tools and don’t want to pay high-dollar figures for locally stored video editing software. The company will offer three paid plans: Plus for $7 a month, Ultra for $40 a month and Commercial for $80 a month.

The biggest features the top two plans offer more storage, 50 invites to each project, and the ability to edit 720p high-definition video. The Commercial plan is especially nice because it grants a broad commercial license for the final product, and gives you maximum storage (100GB) and more customer support options from WeVideo.

WeVideo also recently announced integration with YouTube, a move that gives YouTube users much better editing tools. It’s a win-win agreeement that gives exposure to WeVideo and (hopefully) improves the quality of YouTube videos. YouTube has a similar agreement with automated video editor Magisto.

Here’s a peek at WeVideo’s paid subscription plans:



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