Monday, April 9, 2018

Flyr Finds $1M More For Video Ad Templates, Software

Santa Monica- and Mexico-based Flyr, a startup developing video advertising templates specifically designed for the iPhone and iPad, says it has upped its funding to $6M in total for the company. According to the company, it raised a new, $1M funding round through a strategic alliance with Renderfam Studios, and is currently in the midst of an ongoing Series A funding. The new funding comes on top of an earlier $5M announced by the company last year. Flyr was created by Hassan Uriostegui. Flyr said its software and products democratizes production of TV-quality advertisement for iPhone and iPad users worldwide. The company had originally been focused on social video sharing, but now says it has working with a dozen graphic designers in Mexico, and has creaed more than 10,000 video templates ready to be customized and shared in social networks. More information »

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