How to Make a Video Editing App Like Magisto? [Development Cost & Features]
Earlier, we required high-end DSLR cameras to perform the task of clicking spectacular pictures. However, later on, with the entry of smartphones into the market, the process got extremely simplified as these smartphone devices are enriched with great camera features just like those were present in expensive cameras.
Now as far as video editing is concerned, some years back we used to edit videos by making use of some software on our laptops and PCs. This process was quite tedious and time-consuming. This is because it was difficult to understand those tools and start working on them. Thanks to the video editing app like Magisto that have made this tedious process a simple one just like a walk in the park. In this blog, we will discuss tips on successful on-demand video editing app development.
What is Magisto App?
Magisto is a mobile video editing software that is used for performing tasks like automated video editing and storytelling which pays attention to enterprises as well as consumers/users. It was not the first video editing software in this domain but surely with powerful AI-powered technology, Magisto did make a significant difference.
Photo and video editing app like Magisto was first founded in the year 2009 as SightEra by Dr Oren Boiman (CEO) and Dr Alex Rav-Acha (CTO). The app was launched with the intention to make the video editing process a simple task replacing the old school form of time-consuming form of video editing.
This video editing app received funding of $5.5 million in 2010 from Horizons Ventures and Magma Ventures Partners. Further, with the launch of the Magisto app on 20th September 2011, the app received an overwhelming response from the market. Within the two years of launch, this best photo and video editing app reached 5 million users worldwide.
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