Online Animation Startup AniBoom Gets $4.5 Million Funding

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

Here’s one that I liked:

Author
Recent Posts

Follow me

Eze Vidra

Co Founder and Managing Partner at Remagine Ventures

Eze Vidra is the founder of VC Cafe and the co-founder and managing partner of Remagine Ventures, a pre-seed fund investing in ambitious founders at the intersection of AI, technology, entertainment, gaming, and commerce with a spotlight on Israel.

He is a former General Partner at Google Ventures (GV) in Europe, former head of Google for Entrepreneurs in Europe, and founding head of Campus London, Google's first startup hub. Eze writes on Israeli tech, venture capital, artificial intelligence, and founder strategy.

He is also the founder of Techbikers, a nonprofit that brings together the startup ecosystem on cycling challenges in support of Room to Read.

Follow me

Share this:

Related