HighlightCam Stitches Mobile Videos Into Automagical Highlight Reels

There are lots of new mobile apps to help people rescue and share videos and photos from the lonely fate of being buried in phone-storage folders.

But all those captured and shared moments can add up to a lot of unedited — a.k.a. boring! — footage.

The HighlightCam app for iPhone and Android helps make that raw footage more punchy and interesting, by condensing and editing mobile clips together.

Here’s how it works: Give the app as many videos and photos as your patience for uploading allows, and it will automatically generate a highlight reel of your desired length, eliminating the slow bits and including the parts that show faces, action or voices.

The new version of HighlightCam can collect clips from multiple phones and turn them into one communal home video. For instance, guests at a party could stitch together videos from different moments and perspectives. Users can also add filter effects and very basic titles.

This is all compiled into a finished product in relatively speedy fashion, with push notifications sent to HighlightCam users’ phones when their edited videos are ready for download and sharing.

Creating a HighlightCam video usually costs less than a dollar (and the first few are free, for now), depending on whether premium features like music and high resolution are included.

I’d imagine HighlightCam will also have opportunities to make money by licensing its technology to other apps.

Sunnyvale, Calif.-based HighlightCam just closed Series A funding of $3 million led by Quest Venture Partners and including NTT Docomo and Digital Garage. Previous investors were Y Combinator, 500 Startups and K9 Ventures.