WeVideo’s story begins in 2007 with the Norwegian company Creaza. The company’s mission was to provide an online creative toolbox for children, to be used both in school and at home. By 2010, this technology was in use by hundreds of thousands of children across ten European countries. Inspired by its success in the educational market in early 2011, Creaza’s investors decided to spin out a new company called WeVideo. Its primary focus is on video creation and expanding the technology to U.S. and global markets.
WeVideo has won many awards both in the U.S. and across the globe. In fact, WeVideo, barely a day old, was named one of the top 100 cloud computing companies in the world while in the midst of launching its YouTube editor. Read more about WeVideo’s announcements on the news page.
In April 2012, WeVideo announced launch partnership with Google Drive, Google’s cloud-based collaboration and storage service. In May of 2012 Disney and WeVideo partnered to promote The Avengers, allowing film fans to remix their own movie trailers.
Leveraging the success of these launches, WeVideo raised $20M in Series A funding to accelerate the strengthening of its video creation platform and become the dominant horizontal player in online video creation for the new generation of content creators.
With the funding secured, WeVideo ramped up the development team to further enhance the scalable cloud-based platform with depth (from novice to pro) and breadth (across PC, Mac, Linux, iOS & Android smartphones and tablets). At the end of 2013, a milestone was reached, where WeVideo had ONE unified cloud-platform with:
September 2013, WeVideo Launched an Offline Chrome OS Video Editor - WeVideo Next. Unlike conventional desktop applications where expensive hardware is required, WeVideo Next relies on the immense computing power of the cloud to offload the processing of your computer. With WeVideo Next we gave our users a way to work both on- and offline so that they can start creating videos without being connected to the Internet. WeVideo Next was developed in HTML5 and other standard web technologies, offering great flexibility, fast performance and slick user experience.
2013 was the year during which educators and students across the USA discovered WeVideo. At the end of 2013 the number of schools using WeVideo had greatly accelerated, surpassing 5,000 schools in the USA alone. WeVideo had also reached 2 million users globally.
The growth had been accompanied by an ever-greater number of creative, smart and authentic videos made by students across elementary, middle and high schools. Below is a story made by middle school students Chloe Slayter, Malia Simon, and Matthew Richardson from Paulding Middle School in California.
Whereas before WeVideo youth storytellers never could have afforded access to dedicated editing equipment, or the significant investment of time required to master these tools, our easy-to-use editor has opened up video storytelling to all kids.
In late 2013 with the realization of an end-to-end solution with depth and breadth, WeVideo experienced a renewed interest from Businesses looking to create compelling videos to inspire and educate their customers. This was also evident with Media Companies wanting to enhance their content creation workflow and Fortune 500 Brands looking to use video to increase engagement with their consumers. WeVideo’s end-to-end solution, tailored and optimized for the experience on each local device and architected for global collaboration, is being seen as the answer for Businesses looking for cost effective in-house video creation.
As WeVideo experiences a strong growth in customer adoption in 2014, it continues to strengthen the offering to make collaborative video creation easy and efficient.
To further extend the platform, WeVideo has partnered with best of breed third party tools and stock video and music libraries. These are companies like Wistia for your business video hosting, RE:Vision Effects for slow-motion, Rumblefish Music for your audio tracks, Brainshark for business presentations and GoAnimate for animations. In addition, WeVideo provides comprehensive API services to customize and integrate the WeVideo functionality on other sites.