Amazon.com invests in Web video application

NEW YORK Amazon.com has given funds to Animoto, a Web application that lets users quickly and easily create personalized, proAmazon.com invests in Web video applicationfessional-quality videos from their own photos and music. Animoto did not disclose the amount of money it received from Amazon.com.

"In our first eight months, we've helped make photo sharing fun again," said Brad Jefferson, ceo and co-founder. "Now we're ready to accelerate our team growth and product development to establish Animoto as the ubiquitous rendering platform for generating high-production value video from images and music. We are delighted to find in Amazon.com an investor who believes in our vision."

Jeff Blackburn, senior vp for business development at Amazon.com, said that he believes Amazon and Animoto, which is a customer of Amazon's Web Services business will continue to have a successful relationship.