Pictory has filed a notice of an exempt offering of securities to raise $3,096,967.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Pictory is raising $3,096,967.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Vikram Chalana played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pictory
Pictory is the AI that helps produce a month of short social video posts from long form content such as blogs, webinars in minutes. We are a team of entrepreneurs, marketers, and engineers who have started companies, and also worked at large and small enterprises. As prolific content creators, we realized that many businesses are sitting on mountains of long-form content in the form of blogs, white-papers, articles, demos, and webinars. But, what the world is consuming is short-form videos! What if we could use AI to convert long-form content into hundreds of short-form multimedia content pieces? We could not only solve the problem of generating fresh content but also offer higher engagement levels on social media through video. We built our first prototype at a hackathon in Seattle in 2019. In July 2020, we launched the first version of our product. Since then, we have made many updates to Pictory and we continue to listen to our customers and innovate. We are on a mission to convert verbosity to visual brevity.
To learn more about Pictory, visit http://pictory.ai/
Contact:
Vikram Chalana, Chief Executive Officer
855-892-6167
https://www.linkedin.com/in/vikramchalana/
SOURCE: http://www.intelligence360.io
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