Bluestone Equity Partners Invests in VideoVerse, Creators of Magnifi, an Award-Winning, AI-Powered Video Editing Solution
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Monday, December 18, 2023
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Bluestone Equity Partners, a global private equity firm focused on the Sports, Media & Entertainment industry, today announced a growth investment in VideoVerse, the company behind Magnifi, an internationally-acclaimed AI-powered video editing solution.
Key Points:
- Bluestone Equity Partners, a global private equity firm focused on the Sports, Media & Entertainment industry, today announced a growth investment in VideoVerse, the company behind Magnifi, an internationally-acclaimed AI-powered video editing solution.
- Earlier this year, Magnifi earned the coveted National Association of Broadcasters (NAB) “Product of the Year” award.
- “With media companies and streamers now producing millions of hours of video every minute, demand for curated content has skyrocketed,” said Vinayak Shrivastav, VideoVerse CEO & Co-Founder.
- “VideoVerse’s editing solutions are now an indispensable asset within the video creation ecosystem, with Magnifi, in particular, facilitating a seamless and highly-efficient process for curation, production, and distribution," Shrivastav highlighted.