Vidooly which is a Video intelligence startup, has raised USD 1.4 million (Rs 8.9 crore) in funding from GVFL and Times Internet.

It has said in a statement that Vidooly will be utilising the series A funds towards product engineering , marketing, and enhancing sales and distribution channels.

The company has raised about USD 1 million previously.

Vidooly co-founder Nishant Radia has said that “Video consumption over the last couple of years has exploded given faster and affordable internet access and also the rising demand for devices and high quality online content.”

Read EquityPandit’s Technical Analysis of Indian Stock Market