Friday, September 10, 2010

Invodo Gains Two Customers

Austin-based Invodo, a provider of video content for online retailers, said Thursday that it has signed on two new customers. According to the firm, Lenovo and Magellan's are both using the firm for their ecommerce video initiatives. Financial impact of the wins were not disclosed. Invodo develops product videos for ecommerce firms, who include those videos on their site. The firm said its customers also include such firms as Verizon Wireless, MooseJaw, Land of NOd, Stacks and Stacks, and Living Direct. Invodo is backed by S3 Ventures and Sevin Rosen Funds.