Observed Signal · Jul 18, 2024 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
UK's Edit Cloud Raises £2M for Post-Production Collaboration Platform
Edit Cloud, a UK-based cloud editing platform founded by broadcast industry insider Simon Green, has secured £2 million in funding. The investment round was led by VC firm Edge, with angel investors including Simon Ward, founder of Inspired Thinking Group, and creative technology entrepreneur Justin Cooke. Edit Cloud's platform aggregates cloud-based tools and AI technology to enable post-production teams to collaborate securely from any device and location, addressing fragmented workflows and on-premises limitations. The company has established partnerships with ITV Studios, Adobe, AWS, and agencies such as Publicis. The funding will support the platform's mission to democratise access to post-production tools and bring talent communities together in secure virtual editing suites. Hannah Williamson, senior investment manager at Edge, said the investment aligns with Edge's focus on backing visionary businesses that create lasting impact.
The funding highlights continued investment in cloud-based collaborative production tools and AI-driven workflows for media post-production, relevant to the creative and advertising production supply chain.
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Key Takeaways & Evidence Grounding
- Edit Cloud raised £2 million in funding.
- The funding round was led by VC firm Edge.
- Angel investors include Simon Ward and Justin Cooke.
- Edit Cloud has partnerships with ITV Studios, Adobe, AWS, and Publicis.
- The platform provides cloud-based AI-powered post-production collaboration tools.
Connected Companies & Entities
6 Entities mapped“The company has already secured partnerships with major brands including ITV Studios, Adobe and AWS and supporting agencies such as Publicis...”
“The company has already secured partnerships with major brands including ITV Studios, Adobe and AWS and supporting agencies such as Publicis...”
“The company has already secured partnerships with major brands including ITV Studios, Adobe and AWS and supporting agencies such as Publicis...”
“The company has already secured partnerships with major brands including ITV Studios, Adobe and AWS and supporting agencies such as Publicis...”
“angel investors including Simon Ward, Inspired Thinking Group's Founder and creative technology entrepreneur Justin Cooke...”
“Justin Cooke, known for his successful agency exit to WPP....”
Ontology Mapping & Concepts
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