[Application] Autodesk offers Socialcam for $ 60 million, competitor of Viddy

by bold-lichterman

$ 60 million. This is the amount of the redemption of the application Socialcam through Autodesk, publisher of 3D design software, according to information from AllThingsD.

Still according to the American blog, the finalization of this transaction should take place within the next thirty days. California-based start-up Socialcam is touted as the Instagram of video. It publishes, in fact, a mobile application for sharing and filters to be applied to videos taken from a smartphone.

Application Autodesk offers Socialcam for 60 million competitor of

Founded in March 2011, the start-up has only 4 employees who share an open space in San Francisco.

Number 1 in applications on Facebook with 3.7M active users per day according to AppData figures, Socialcam therefore appears to be a real competitor to Viddy. Start-up which, for its part, recently completed a fundraising of 30M dollars during a second round of table.

Co-founded by Michael Seibel, Ammon Bartram and Guillaume Luccisano, Socialcam also raised seed funds from 30 investors, including many entrepreneurs from Silicon Valley as well as Hollywood personalities.