| Powtoon Ltd. | |
| Type: | Private |
| Location City: | London |
| Location Country: | United Kingdom |
| Key People: | Ilya Spitalnik (Founder), Daniel Zaturansky (Co-Founder), Sven Hoffman (Co-Founder), Oren Mashkovski (Co-Founder) |
| Industry: | Internet marketing |
| Products: | Powtoon Visual Communication Platform. A Web-based video maker and animation software |
Powtoon Ltd. is a British company which sells cloud-based animation software (SaaS) for creating animated presentations and animated explainer videos.[1] The name "Powtoon" is a portmanteau of the words "PowerPoint" (trademarked by Microsoft) and "cartoon". VR
Powtoon was founded in January 2012. The company released a beta version in August 2012.[2] In December 2012, Powtoon secured $600,000 investment from Los Angeles–based venture capital firm Startup Minds.[3]
Powtoon is a web-based animation software that allows users to create animated presentations by manipulating pre-created objects, imported images, provided music and user-created voice-overs.[4] Powtoon uses an Apache Flex engine to generate an XML file that can be played in the Powtoon online viewer, exported to YouTube or downloaded as an MP4 file.