Sunnyvale, Calif. -- WeVideo, a Sunnyvale-based developer of web-based tools for collaborative video production, has raised the first $8.5 million of a planned equity funding round, the company revealed in a filing with the Securities and Exchange Commission (SEC). Eighteen unidentified investors have so far taken part. The company still plans to raise another $10.7 million before closing the round.
http://www.wevideo.com/
http://www.sec.gov/Archives/edgar/data/1535024/000153502412000002/xslFormDX01/primary_doc.xml
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