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Magisto, Editing Service, Raises $13 Million

October 30, 2013, 05:01 PM

VentureBeat reports that Magisto has closed a funding round of $13 million. The new round of funding was led by Qualcomm Ventures and SanDisk Ventures, along with the participation of Magma Venture Partner and Li Ka Shing’s Horizons Ventures. Magisto is a video editing startup, which provides tools for editing short personal videos.

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