Vidmaker Acquired by YouTube

vidmaker logoVidmaker has been acquired by YouTube for an undisclosed sum. Vidmaker created an online collaborative video editor which enables real time editing, sharing, and management of videos between multiple people.

The company was founded in 2011 and previously raised approximately $650,000 in funding. Vidmaker was also a participant in the first class of the TechStars San Antonio accelerator in 2012.