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Santa Clara, United StatesFounded 2005Consumer Services
Valuation $50–100M Last recorded · 2006
Total funding $10–50M Disclosed equity funding
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About Marquee

Vyond is a cloud-based, AI-powered video creation platform headquartered in San Mateo, California. Founded in 2007 by Alvin Hung as GoAnimate, the company's inception was driven by Hung's desire to simplify animation for non-technical users. The original idea was to create a tool that would allow anyone to easily make animated videos without complex software or drawing skills. After its initial launch in mid-2008, the company expanded, opening a U.S. office in 2011 and launching 'GoAnimate for Schools'. A significant milestone was the rebranding from GoAnimate to Vyond on May 6, 2018, to better reflect its focus on a versatile, professional platform. In 2018, founder Alvin Hung transitioned to the role of Executive Chairman, and Gary Lipkowitz was appointed CEO.

Vyond operates on a subscription-based (SaaS) business model, generating revenue primarily from tiered pricing plans that cater to a wide range of customers, from individuals and small businesses to large enterprises. These plans offer varying levels of access to the platform's features. Additional income is generated through services like custom character creation and premium support. The company serves a diverse client base, including over 65% of the Fortune 500, with customers in sectors like marketing, human resources, eLearning, and internal communications who use the platform for training, advertising, and corporate messaging.

The platform provides a comprehensive, all-in-one solution for video creation. It features two main tools: Vyond Studio and Vyond Go. Vyond Studio is a full-featured editor with a drag-and-drop interface, an extensive library of pre-animated assets like characters and props, and multiple animation styles, including 2D animation and whiteboard videos. A key innovation is Vyond Go, an AI-powered tool that can instantly generate an editable video from a simple text prompt, script, or URL. The platform incorporates a suite of AI-driven capabilities, such as text-to-speech with a wide variety of voices, automated lip-sync, and translation into over 70 languages, enabling users to produce professional-grade video content efficiently and at scale.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2005
Headquarters
Santa Clara, United States
Open positions
None listed
Dealroom signal
0.0/100
Industry
Media
Sector
Consumer Services, Information Technology, Video
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Dec 2006 $15M $60M Greylock Partners · Benchmark —
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Santa Clara HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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