Last year, we wrote about a new app called Videolicious designed to quickly let users create promotional videos without having any editing expertise. The startup has been refining its app since then, and just released a new version to improve automatic video creation. In addition to the release of the new app, Videolicious has secured $1.4 million in seed funding from investors such as Howard Lindzon, Joanne Wilson, Amazon.com, Venture51, Ludlow Ventures, Trestle Ventures, Scott Ingraham, and Quotidian Ventures.Source: http://feedproxy.google.com/~r/Techcrunch/~3/El8ZFc0zGMc/
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