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Friday, May 16, 2008
Last updated 7:34 a.m. PT
Amazon.com is backing Animoto, a New York online music and video slideshow company that was started by former Bellevue high school students. The amount of funding was not disclosed.
Animoto offers users the ability to create 30-second slide shows for free, charging a premium rate for extended-length videos.
Vivalog, sometimes referred to as the "YouTube of Radiology," has been sold to health care services giant McKesson. Seattle-based Vivalog founder Rex Jakobovits was out searching for venture capital financing when the offer for the five-person company arrived.
"We decided it was the perfect fit," said Jakobovits, whose company provides Web-based medical imaging technologies to more than 30 hospitals. The company's online medical imaging portal, MyPACS.net, attracts about 70,000 medical professionals and 1 million page views each month.
Terms were not disclosed.
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