Videolicious Raises Funds from Amazon, Others, For Its "PowerPoint" For Video Solution

Videolicious, a Newark-based software developer, has created an app for iOS devices to shoot, edit and narrate videos instantaneously. The company recently raised $1.4 million from Amazon and a group of well-regarded early investors. We interviewed co-founder Matt Singer here at Beet.TV for a demo which was quite impressive. He shares his expectations for the growth of what he calls a sort of "PowerPoint" for video -- a simple, accessible presetation tool.