October 27, 2016 | Israeli social video creation platform Wochit has closed a $13 million financing round, with investment from media giants ProSieben, Singapore Press Holdings’ SPH Media Fund, Carlo de Benedetti and several existing investors including Redpoint, Marker LLC and Cedar Fund. The funds will be used to further enhance Wochit’s award-winning technology and to expand its business with publishers and content creators worldwide. Based in Beit Dagan near Tel Aviv and with offices in New York and London, Wochit was founded in 2012 by CEO Dror Ginzberg and CTO Ran Oz.
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