<s>
Powtoon	B-Application
Ltd	O
.	O
is	O
a	O
British	O
company	O
which	O
sells	O
cloud-based	O
animation	O
software	O
(	O
SaaS	B-Architecture
)	O
for	O
creating	O
animated	O
presentations	O
and	O
animated	O
explainer	O
videos	O
.	O
</s>
<s>
The	O
name	O
"	O
Powtoon	B-Application
"	O
is	O
a	O
portmanteau	O
of	O
the	O
words	O
"	O
PowerPoint	B-Application
"	O
(	O
trademarked	O
by	O
Microsoft	O
)	O
and	O
"	O
Cartoon	O
"	O
.	O
</s>
<s>
Powtoon	B-Application
was	O
founded	O
in	O
January	O
2012	O
.	O
</s>
<s>
In	O
December	O
2012	O
,	O
Powtoon	B-Application
secured	O
$	O
600,000	O
investment	O
from	O
Los	O
Angeles-based	O
venture	O
capital	O
firm	O
Startup	O
Minds	O
.	O
</s>
<s>
Powtoon	B-Application
is	O
a	O
web-based	O
animation	O
software	O
that	O
allows	O
users	O
to	O
create	O
animated	O
presentations	O
by	O
manipulating	O
pre-created	O
objects	O
,	O
imported	O
images	O
,	O
provided	O
music	O
and	O
user-created	O
voice-overs	O
.	O
</s>
<s>
Powtoon	B-Application
uses	O
an	O
Apache	B-Operating_System
Flex	I-Operating_System
engine	O
to	O
generate	O
an	O
XML	O
file	O
that	O
can	O
be	O
played	O
in	O
the	O
Powtoon	B-Application
online	O
viewer	O
,	O
exported	O
to	O
YouTube	B-General_Concept
or	O
downloaded	O
as	O
an	O
MP4	O
file	O
.	O
</s>
