Israel Digital News

Dynamic video generation solution provider SundaySky has completed an $8 million venture capital financial round led by Carmel Ventures and Globespan Capital Partners. The round of investment will allow the company to rapidly expand its marketing, sales and business development activities mainly in the US while continuing to develop its product line.

SundaySky provides real time, personalized and automatic generation of video content for e-commerce, social networks, news and entertainment Web sites and blogs. SundaySky’s platform enables Web sites to automatically convert their content into dynamic, continuously updated, high quality video clips, in order to increase their conversion rates while creating a significant inventory of video ads.

"Video is becoming the most important and fast growing form of web media,” said Avi Zeevi of Carmel Ventures, who joined the Company’s board of directors. "We found SundaySky to have a unique combination of an outstanding founding team and a breakthrough technology which can change the way video content is created.”

Founded in 2006 by Shmulik Weller and Yaniv Axen, SundaySky has developed innovative video solution which enables publishers to quickly and easily infuse their Web site with video. The SundaySky dynamic video platform extracts the content from any Web site and molds it into professional video clips.

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