PowToon is a company which sells cloud-based software (SaaS) for creating animated presentations
and animated videos. PowToon was founded in January 2012. The company released a beta version in August 2012 and has seen fast subscriber growth since.
Powtoon uses an Adobe Flex engine to generate an XML file that can be played in the Powtoon online viewer, exported to YouTube or downloaded as an MP4 file.
PowToon is also available on the Google Chrome Store and has an application on Edmodo.com. In December 2012 PowToon secured $600,000 investment from LA based Venture Capital firm Startup Minds.
In February 2013 PowToon introduced a free account option allowing users to create animated videos that can be exported to YouTube. The free videos include the PowToon branding.