Promo.com is a
cloud-based
Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...
video creation service. It allows the creation of videos from stock videos, photos,
video clips, and music. The company has offices in
Warsaw
Warsaw, officially the Capital City of Warsaw, is the capital and List of cities and towns in Poland, largest city of Poland. The metropolis stands on the Vistula, River Vistula in east-central Poland. Its population is officially estimated at ...
,
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, and
Tel Aviv
Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a popula ...
.
History
Promo was launched in 2016 by founder Tom More.
In October 2017, the company announced that it had acquired Unstock, a mobile-first marketplace for authentic footage, based in Poland.
In January 2018, the company was awarded Best B2B Product of the Year at Product Hunt's 2017 Golden Kitty Awards.
In January 2019, the company announced changing its name to Promo.com and moving to a new domain.
In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator powered by
Getty Images
Getty Images Holdings, Inc. (stylized as gettyimages) is a visual media company and supplier of stock images, editorial photography, video, and music for business and consumers, with a library of over 477 million assets. It targets three mark ...
and
ChatGPT
ChatGPT is a generative artificial intelligence chatbot developed by OpenAI and released on November 30, 2022. It uses large language models (LLMs) such as GPT-4o as well as other Multimodal learning, multimodal models to create human-like re ...
.
Business
Promo.com employs around 50 people as of 2018. In its first year, the company raised $1.5 million in Series A funding.
In 2021 the company announced an additional capital and debt raise, with participation from
Getty Images
Getty Images Holdings, Inc. (stylized as gettyimages) is a visual media company and supplier of stock images, editorial photography, video, and music for business and consumers, with a library of over 477 million assets. It targets three mark ...
.
See also
*
List of social networking websites
A social networking service is an online platform that people use to build social networks or social relationships with other people who share similar personal or career interests, activities, backgrounds or real-life connections.
This is a li ...
References
External links
*
{{Online social networking
Israeli companies established in 2012
Companies based in Tel Aviv
Cloud infrastructure
Israeli social networking websites
Online companies of Israel