Magisto, an Israel-based start up which as found wide success with its App that allows users to easily edit videos and images, has raised a $13 million C venture round from Qualcomm and Scandisk, it was reported today.

The app has been downloaded some 13 million times, TechCrunch reports.

Last year in Tel Aviv, we interviewed founder and CEO Oren Boiman about his company’s video solution.  We have republished that video today.