Online Animation Startup AniBoom Gets $4.5 Million Funding

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Israeli startup AniBoom has raised $4.5 million for its emerging online animation community, reports NewTeeVee. The round was led by Israeli VC firm Evergreen ($610 million under management).

AniBoom is an online video aggregator for animated films, with online tools (such as a Shapeshifter) that empower users to create animation of different genres, techniques and means.
To provide the right incentive, AniBoom created a revenue sharing model based on popularity and prize-awarding contests to inspire participation. According to its FAQ, AniBoom is working on “Animated Idol”, an online competition for animators.
AniBoom is led by CEO, Uri Shinar, a seasoned Israeli TV executive.

Source: Paidcontent

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February 13, 2007 |
Filed Under Israel, Uri Shinar, VC, animation, funding

 

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One Response to “Online Animation Startup AniBoom Gets $4.5 Million Funding”

  1. Four israeli finalists in the crunchies | Venture Capital Cafe on December 24th, 2007 7:22 am

    [...] on VC Cafe earlier this year, aniBoom is an online video aggregator for animated films, with online tools such as a [...]

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