WeVideo is a cloud-based video collaboration editing platform. Video production is time-consuming and labor-intensive, and it also consumes a lot of hardware resources. Users may feel that the hardware resources are not enough when making videos, especially when the final rendering requires a long waiting time. WeVideo, a cloud-based video collaborative editing platform, brings online video processing services that can meet the needs of enterprise-level applications.
Compared to desktop video editing software limited by computer hardware, WeVideo's online video editing solution can meet users' needs for faster processing speed. In addition, the platform provides value-added services for users at different price points. For example, free version users can get 1GB storage space, while the monthly usage fee of 10GB to 100GB storage space ranges from $6.99 to $79.99. Paying users of different versions will differentiate processing speed, online storage space, and video output quality. In addition, video producers can also collaborate with others to complete projects, and all project members can share their video clips through a unified interface.
The Enterprise Edition, which meets the needs of enterprise users, allows organizations to integrate the service into their existing products or services. The Enterprise Edition includes a configuration layer that enables companies to add their branding while providing full API support and a centralized storage framework for sharing. It also provides advanced management control operations for collaboration, editing, management review, and video output. In addition, WeVideo is a YouTube partner and integrates the service directly into YouTube, allowing users to perform various operations on YouTube.
WeVideo supports login with Facebook, Twitter, Google, YouTube, Vimeo, etc. More than 125,000 people create more than 1,000 video projects online every day, and the number of users of the platform is expected to exceed one million by the end of 2012. In January 2012, the number of video projects edited through the platform reached 1000 per day. The current financing will be used mainly for the company's expansion, and more versions of fee packages will be launched to meet the needs of different consumers.