By
updated 8/7/2014 11:46:08 AM ET 2014-08-07T15:46:08

YouTube’s latest acquisition shines a dazzling spotlight upon Directr -- a previously little-known mobile app startup that helps small-business owners create marketing videos.

Founded in 2012 and having thus far raised just $1.7 million in funding, the company announced it will join YouTube’s video advertising team. The purchase price by Google (which owns YouTube) was not disclosed.

The Directr product will continue to operate as is -- though now it will be free, Google said in a blog post. However, the search giant added that Directr’s founding team will bring its video making acumen to YouTube to “help us make it easier for advertisers to create and upload awesome videos.” This could theoretically entice small business owners to run ads on YouTube by significantly cutting production costs.

Related: YouTube Really Is the New Silver Screen

Directr currently markets two video editing products that are only available for Apple devices: a personal edition, where publishing a video costs 99 cents, and a business edition, where publishing packages are available for between $25 and $500.

Directr for business offers a handful of “storyboards” that make it easy for businesses to create different kinds of videos, including personal profile or product-centric clips as well as quick films for testimonials or recruitment.

The app also suggests various talking points and provides examples for clips that can be filmed and published directly on iPhones.

Related: 4 Reasons Why Entrepreneurs Should Use Interactive Video for Storytelling

Copyright © 2013 Entrepreneur.com, Inc.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.97%
$30K home equity loan FICO 5.23%
$75K home equity loan FICO 4.66%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.28%
13.21%
Cash Back Cards 17.73%
17.70%
Rewards Cards 17.00%
16.96%
Source: Bankrate.com