#Adobe acquires frameio pro#

The round was led by Insight Partners alongside existing major stakeholders, including Accel, FirstMark, SignalFire, and Shasta Ventures.ДЇounded in 2014 by Emery Wells and John Traver, Frame.io streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using cloud-first workflows.В The startup provides a cloud-based video collaboration platform, designed to streamline the video creation process by centralizing all media assets-and all feedback-in one secure place thatвЂ™s accessible from anywhere in the world. We covered Frame.io back in 2019 when the New York-based tech startup raisedВ $50 million in Series C funding to double its product, design, and engineering teams to invest into airtight security, UX, and camera-to-cutting room technology.

#Adobe acquires frameio pro#

In a statement, Adobe said the acquisition will helpВ boost AdobeвЂ™s Premiere Pro and After Effects applications for video editing with review and approval capabilities. Adobe announced Thursday that it plans to acquire video workflow startup Frame.io for $1.275 billion.В Frame.io is aВ maker ofВ cloud-based software that enables multiple people to provide input on videos.В The acquisition is expected to close during the fourth quarter of AdobeвЂ™s 2021 fiscal year and is subject to regulatory approval.