StoryBlocks
1515 N Courthouse Rd Ste 1000, Arlington, VA, 22201, United States
Overview
VideoBlocks operates a subscription-based service that provides unlimited royalty-free stock video and runs an artist-friendly video marketplace that pays contributors 100% commission. The company is led by founder and CEO Joel Holland and is part of a family of sites that includes GraphicStock and AudioBlocks. Its customer base ranges from professional production studios such as NBC, Discovery and MTV to colleges, churches and video-editing hobbyists. Since the marketplace went live in April, more than 2,000 contributors have registered and uploaded over 300,000 high-quality stock video clips. VideoBlocks intends to expand content verticals and grow its team as it develops the marketplace further. The company plans to use recent funding to accelerate growth of the marketplace and related initiatives. VideoBlocks operates a subscription service that provides unlimited downloads of royalty-free stock video, audio, motion backgrounds, After Effects templates, special effects, production music, and sound effects. The company owns distribution rights to its entire library and focuses on quality over sheer size, maintaining roughly 50,000 clips. About half the content is produced in-house and half is acquired via perpetual-rights purchases or contracted shoots; it also uses data mining to surface high-demand clips. VideoBlocks has attracted customers across broadcasters, education, churches, freelancers/prosumers and hobbyists — including NBC, CBS, Fox, History and Discovery — and more than 1,000 congregations use its clips. Its pricing is simple: $79/month or $948/year (TechCrunch promo offered $99/year), and users can subscribe and cancel at will. The company is already profitable and reports more than 5 million media objects downloaded since launching 18 months ago, and it plans to use new funding to accelerate revenue growth.
- Total raised
- $19M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jun 2015
Industries
- Media and Entertainment
- Music
- News
- Software
- Video Editing
Recent funding
Equity
Jun 2015
$8M
Series A
Sep 2012
$11M
Team
No current team members are available.