Videolicious Raises Funds from Amazon, others, for its "PowerPoint" for Video Solution

Videolicious, a Newark-based software developer, has created an app for iOS devices to shoot, edit and narrate videos instantaneously. The company recently raised $1.4 million from Amazon and a group of well-regarded early investors. We interviewed co-founder Matt Singer here at Beet.TV for a demo which was quite impressive. He shares his expectations for the growth of what he calls a sort of "PowerPoint" for video -- a simple, accessible presetation tool. The company sees "knowledge workers" at companies as a primary market. We think this could be a cool solution for video journalism. Andy Plesser

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