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Sequoia India invests $7.5 mn in cloud video production platform

The firm allows brands to purchase, plan, shoot, edit and review video anywhere in the world

Sequoia India invests $7.5 mn in cloud video production platform

BS Reporter Mumbai
90 Seconds, a cloud video production company, announced that it had raised $7.5 million in Series A funding led by Sequoia India. SKY TV NZ, Airtree Ventures, Beenext and Fotolia.com founder Oleg Tscheltzoff, too participated in round.

90 Seconds is a cloud video production platform, which allows brands to purchase, plan, shoot, edit and review video anywhere in the world.

In India, 90 Seconds, has already produced over 100 videos for companies such as Rolls Royce, Cricket Australia, Financial Times, Oracle, JLL and Exxon Mobil. The company statement said that it considered India to be a key market India and expects its team to expand to Mumbai, Delhi, Hyderabad and Bangalore. The company's current 100 creative freelancers in India is expected to grow to over 500 in the next six months.

 

"Video content is a must have and we are proud to have developed a solution that works for brands around the globe. We are excited to work with our new and existing investors who understand the opportunity 90 Seconds has to completely change the global video production landscape," said Tim Norton, founder and chief executive of 90 Seconds.

Along with brands, 90 Seconds also works with agencies on global projects.

"The 90 Seconds team has done a terrific job in building the leading global marketplace for video production. In the large and rapidly growing video market, they offer creative talent and agencies a unique workflow platform to work together on global projects. This has enabled them to build a fast-growing and rapidly scaling model," said Pieter Kemps, vice-president, Sequoia Capital.

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First Published: Apr 12 2016 | 3:54 PM IST

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