D-ID acquires the start of the video based on Berlin Simpleshow

The video and editorial generation platform on Tuesday said it had acquired a B2B video creation platform, based in Berlin-based B2B video Simpleshow. Companies did not reveal the financial conditions of the deal.

Gil Perry, CEO of D-D-D-D-TECRUNCH, said that the Simpleshow product will work under the umbrella of D-ID, and in the end the two platforms will merge.

Simpleshow, founded in 2008, raised more than $ 20 million of financing, according to Crunchbase data.

Upon starting offices in Berlin, Luxembourg, London, Miami, Singapore, Hong Kong and Tokyo. As part of the merger, the company will get unified offices in Berlin, Tel Aviv and the United States. D-Did did not mention the size of the Simpleshow team, but he said that the joint entity would have 140 employees.

“We approached Simpleshow at first for a strategic partnership. We saw that there is a synergy between management and products teams,” Perry said. “We felt that we need to increase our speed in capturing a large market (part of the Avatar Enterprise video.

Both companies see a strong future of digital deities for different types of videos, including training, marketing and sales. D ID has already he has A collection of adequate symbolic images that work on behalf It is presented to its customers.

Simpleshow CEO, Carsten Boirez, said that when he joined the company more than a decade ago, it was largely an agency that produced videos of companies and institutions.

“To achieve volume and serve more customers at the international level, we decided to build a saas technical platform,” Boehrs told Techcrunch. “It was one of the first tools launched by a textual to a unique age to our customers in 2017.”

Boehrs added that in the past few years, with the emergence of artificial intelligence, talks with companies such as SYTHESIA have begun for potential partnerships and eventually fell on D-DID to get it.

Besides its product, Simpleshow also brings more than 1500 clients to the institution, including Adobe, Audio, Airbus, Microsoft, Bayer, HP, T-Mobile, McDonald’s, EBay, Deutsche Bank. D-D’s Perry said that this will enhance the company’s final result and close to profitability.

To move forward, D-DID wants to build interactive training videos, which will allow users to boycott a video clip offered by the Avatar and ask them for a question or test.

D-ID has strong competition on The adoption of the Digital deities institution In companies like Sythesia The soul machine. Companies like Google and McKinsey It also develops solutions to allow customers using digital Avatar.

D-ID raised $ 60 million of financing so far. The company said it had received funding to finance the acquisition, but it did not reveal the money.