Fly Labs was a fast-growing provider of mobile video editing software. Fly’s products enabled users to create, edit and share high-quality videos using their mobile devices. The founder envisioned a future where mobile video creation and editing is ubiquitous. Fly was able to build a complete suite of mobile video editing applications to serve the needs of consumers.

Back in 2014 when we invested, video consumption on mobile devices was still in its infancy but growing at a rapid rate. At the time, mobile video consumption was projected to grow 10x between 2014 and 2020. It was our belief that video content creators had increasingly been designing and producing content specifically for mobile platforms to meet user demand.