SundaySky, a company that has developed technology capable of extracting content from any website and molding it into videos created on-the-fly, has raised $9 million in Series B financing. The round was led by Norwest Venture Partners with follow-on investments from Carmel Ventures and Globespan Capital Partners.
Founded in 2006, SundaySky provides e-businesses with a solution that distributes dynamically generated, template-based videos across entire websites, marketing channels and mobile and social platforms.
The company’s SaaS-based video generation platform thus aims to help its customers personalize web experiences, enhance customer engagement, increase conversions and boost search engine ranking.
SundaySky is headquartered in New York with a product and technology center in Tel Aviv. This funding round brings the total amount of capital injected into the startup to a healthy $17 million.