AI & Enterprise
Mito develops AI tools for video professionals, raises $4.5 million
AI-based video production platform Mito Films has raised $4.5 million in funding led by Lightspeed Venture Partners, SiliconANGLE reported on Thursday. Mito provides AI tools that let video makers, brands and creators collaborate in real time. Co-founder and chief product officer Danny Saltaren said the platform automates cumbersome production steps so creators can focus on creativity. Mito says its tools support multiple production settings, including TV, film, advertising, music videos and news.