“KiwiTech’s team is focused on leveraging our technology and business expertise to enable startups such as Loopster to create a successful venture based on a differentiated technology offering,” Gupta said. The partnership with Loopster is part of a long-term strategy by KiwiTech to partner with emerging companies that need world-class technology development to distinguish themselves in a mobile app marketplace where there are literally millions of options for the consumer. Baird’s ultimate goal for Loopster is to continue developing software to empower individual creativity through video worldwide. Baird explained that real estate agents are using Loopster to create videos that give potential buyers a more realistic view about a home’s layout, rather than relying on static photos. Loopster has gained a foothold in numerous markets including education, real estate and sports, Baird said. ![]() “We are extremely excited to be partnering with KiwiTech and feel it’s a natural progression in the growth of our company.” “Working with the immensely talented team of developers at KiwiTech, Loopster is poised to lead the pack when it comes to having an app with a strong interface,” Baird said. ![]() “No longer will people need to pay hundreds or even thousands of dollars for video editing software to produce life’s memories via video because Loopster enables end-users of all ages to quickly shoot, edit and share their productions to many social media platforms,” said Bill Baird, CEO and co-founder. Not stopping there, Loopster wanted to develop the most feature-rich video editing mobile app that the market has ever seen and released their universal iOS app in late June 2013. Loopster, which was founded in April 2011, set out to develop the world’s simplest online video editor by allowing users to cut, splice and add music and other features to videos with a straight-forward, user-friendly interface. “We are pleased to be embarking on this partnership which allows our team to work closely with Loopster as they build a market leading video editing software company, tapping into an exciting mobile opportunity,” Gupta said. In fact, the Loopster app was recently featured in appPicker’s article on The Best Video Editing Apps for iPad. Gupta explained that Loopster is working closely with KiwiTech’s team of expert mobile app developers to add features to the free video editing software, which has received widespread acclaim in numerous tech industry publications. “The partnership with Loopster will be synergistic for both companies,” said Rakesh Gupta, KiwiTech’s CEO. Animoto bags second position in the countdown.KiwiTech, a fast-growth mobile application company, today announced a strategic investment in Loopster, a leading developer of cutting-edge video-editing software for a variety of platforms. Founded in 2005, the website creator offers great digital experience and cloud-computing service with options like vast music library and video style options. Headquartered in New York City, Animoto is online and mobile video maker which enables a user to choose his own pictures, music, clips and turns into magical video slideshows. Price: LITE videos is free of cost, while $5 per month and $39 per month for PLUS & PRO videos respectively
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