Well, apparently Animoto is going for it. This jewel of a startup, which lets people easily create professional-looking videos from audio and video clips and pictures, has raised a third round of funding - $25 million in a round led by Spectrum Equity Investors. Ben Spero, a managing director at Spectrum, joined the Animoto board of directors. Previous investors Madrona Venture Group and Amazon also participated in this round. That brings the total raised by Amiando to $30 million. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Ss2dlE70rVI/
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