The company didn’t wan to share any additional numbers about their funding round, but did say that their funding should cover the MVP and further development to around Q1-Q3 of 2013. The product is currently in private beta, but their MVP will be launched mid-December.
The company explains this feature better on their website:
A “Magic PDF” is PromoBuckets own little format that lets non-designers create and edit marketing material online – without installing any applications or fonts. There is no need to know anything about print, color spaces, what a missing link is, or even graphic profiles for that matter.
On top of that, through Promo Bucket, you can hook up your own suppliers – such as a business card printer, or roll-up supplier. This allows anyone from you company to edit and manage their project no matter if they need something sent to a print shop or coffee cup supplier.
This uploaded information can also create a public profile you can send to media, so they have access to your logos and other brand assets – rather than repackaging them every time you create new content.
“We have been in this business a number of years now and we’ve observed what everyone else is doing, and decided to do the opposite,” says Alex Kheirmand, CEO of Promo Bucket. “In direct contrast to filling the application with features that wont be used, our focus is on the customer and their actual needs. PromoBucket allows us to package our thoughts into a SaaS solution and thereby reach a wider audience and scale the service and company much faster.”