PowToon is a company which sells cloud-based software (SaaS) for creating animated presentations and animated explainer videos.[1]
History[edit]
PowToon was founded in January 2012, following a $180k seed round investment in December 2011[2]. The company released a beta version in August 2012 and has seen fast subscriber growth since.[3] In December 2012 PowToon secured $600,000 investment from LA based Venture Capital firm Startup Minds.[4] In February 2013 PowToon introduced a free account option allowing users to create animated videos that can be exported to YouTube. The free videos include the PowToon branding.
Product[edit]
PowToon is Web-based animation software that allows users to create animated presentations by manipulating pre-created objects, imported images, provided music and user created voice-overs.[5] Powtoon uses an Apache Flex engine to generate an XML file that can be played in the Powtoon online viewer, exported to YouTube or downloaded as an MP4 file.[3]
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