WeVideo, which launched in the fall of 2011 has announced the public rollout of their cloud-based collaborative video editing platform. In October the company announced integration with YouTube boosting the service to over 125,000 users, which have created over 1,000 video projects per day.

WeVideo is a spinoff of European venture called Creaza, which offers education-focused, video editing solutions to over 500,000 students across Europe.

Online video editing has been tried before without much success due to the limitations of bandwidth and processing power. WeVideo looks to change that, boosting that their solutions can scale up processing speeds on demand, based on the end user’s needs. The offers tiered pricing, as speeds increase so does the available storage space and video resolution.

What makes this solution super powerful are the built in collaboration features that enable videographers to collaborate on projects together, where all project members can share their video clips via a single interface. 

Pricing

WeVideo, like most SaaS offerings comes in many flavors including freemium.

• Free version offers 1 GB of workspace and scales up to offerings that range from $6.99 to $79.99 per month for 10 to 100 GB of workspace, as well as varying export qualities and additional features. 
• An enterprise version will also be available, which will allow organizations to integrate WeVideo into their existing products or services.

The enterprise version will include a configuration layer that allows companies to add their own branding, full API level support, a centralized shared storage architecture and advanced administrative controls for collaboration, editing, management review and video export options.