Video creation platform PlayPlay raises $55 mn led by Insight Partners

PlayPlay, an online video creation platform, has raised $55 million in a Series B round led by Insight Partners, with participation from Balderton Capital.
Dollar spending on technology
The investment will allow PlayPlay to further enhance its platform, accelerate international expansion by growing its first US-based office in New York City, and hire 100 new employees in technology, product, sales and marketing across Europe and North America.

PlayPlay allows enterprises to simplify and scale the creation of engaging video content. Using the company’s innovative SaaS solution, organizations can unleash the power of video to communicate and engage with key stakeholders, including prospects, fans, employees, and candidates.

Today, more than 1,000 companies spanning 15 different countries use PlayPlay to create compelling content for their audiences, including Yext, Heineken and AXA.

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