The startup will shut down its service to join Yahoo's video team. Evntlive, which launched in April 2013, aimed to "change the way that fans engage with live music online by creating an interactive, virtual venue," according to the site's blog post.
This time it's Ptch, a mobile video app that was funded by DreamWorks Animation. The iPhone app lets users create montage videos out of clips and photos. The service will shut down on January 2 so the startup's team can join Yahoo, Ptch announced Tuesday on its Web site. Terms of the deal have not been disclosed.
"As part of the Yahoo team, we'll be able to focus our efforts and leverage our technology to make Yahoo's photo and video platforms the best in the world," the startup … Read more
If you look at Ptch's pedigree, you have to take the start-up seriously.
Ptch CEO Ed Leonard was the former chief technology officer of Dreamworks, known for films such as "Shrek" and "Kung Fu Panda," but left to run the start-up, which last week launched an iPhone app that allows users to easily and quickly create minute-long montage videos out of their existing photos and video clips.
The premise sounds familiar, right? In a previous column, I profiled a company with a similar mobile service called Animoto. Vyclone and Viddy offer similar remix video and … Read more