SundaySky funding proves video is a key startup trend

Israeli startup SundaySky has raised $8m from Carmel Ventures and Globspan capital. SundaySky makes automated video content solutions which generates dynamic video clips on the fly out of existing web content. The video produced is dynamic, continuously updated, high quality video clips. The obvious benefits are that it enables websites to significantly increase the appeal of their content, stickiness of their site and their conversion rates while creating a significant inventory of video ads. Here’s the official release.

UK/Irish video startups include and WorldTV, to name just two. I think we’ll hear much more from this sector this year.