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| Company type | Private |
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| Industry | Internet marketing |
| Founded | January 4, 2012; 12 years ago (2012-01-04) |
| Headquarters | , |
Key people | Ilya Spitalnik (Founder), Daniel Zaturansky (Co-Founder), Sven Hoffman (Co-Founder), Oren Mashkovski (Co-Founder) |
| Products | Powtoon Visual Communication Platform. A Web-based video maker and animation software |
Powtoon Ltd. is a British company which sells cloud-based animation software (SaaS) for creating animated presentations and animated explainer videos.[1] The name "Powtoon" is a portmanteau of the words "PowerPoint" (trademarked by Microsoft) and "cartoon".[citation needed]
Powtoon was founded in January 2012.[citation needed] The company released a beta version in August 2012.[2] In December 2012, Powtoon secured $600,000 investment from Los Angeles–based venture capital firm Startup Minds.[3]
Powtoon is a web-based animation software that allows users to create animated presentations by manipulating pre-created objects, imported images, provided music and user-created voice-overs.[4] Powtoon uses an Apache Flex engine to generate an XML file that can be played in the Powtoon online viewer, exported to YouTube or downloaded as an MP4 file.[2]
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