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Peech raises 8.2 million in a seed round led by Ibex Investors

MADRID, 9 Sep.

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Peech raises 8.2 million in a seed round led by Ibex Investors


The automatic video editing company Peech has raised 8.3 million dollars (8.2 million euros) in a seed capital round that has been led by Ibex Investors and has had the participation of and Cardumen Capital, as well as angel investors.

The company has explained in a statement that it will use the financing obtained to expand its employee base, as well as to officially launch its product worldwide and to improve its offer.

Peech has developed an automated editing solution that aims to address the limitations of the video content creation process and its scale.

"Peech's technology, which automates and simplifies the video content creation process, helps brands overcome these obstacles and produce the video content that viewers want. Our goal is for content teams to focus on producing exceptional content, while at Peech we take care of the rest," said Danielle Dafni, CEO and co-founder of Peech.

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