Users can replace an image, sound, or video clip with another by dragging and dropping it over the target.
[5] Clipchamp Pty Ltd. was founded as a startup company by Alexander Dreiling (current CEO), Dave Hewitt, Tobias Raub and Soeren Balko, in Brisbane, Australia, in 2013.
In an interview given to SmartCompany, Dreiling commented that at first, the company was "trying to build an enormous, distributed supercomputer".
[9] 2014 saw the official launch of the first version of the free, audiovisual browser-based software on the Clipchamp platform.
When the supercomputer project ground to a halt, the team decided to keep going with the video programming technology, which was, in the words of Dreiling, "a tool that worked on Chromebooks".
[citation needed] In June 2016, Clipchamp was valued at 1.1 million dollars, according to the Wall Street Journal.
[11] In February 2021, Clipchamp published on its website that it has 14 million users worldwide, registered in 250 countries and territories.
In a press release, they expressed their interest in learning more about the video content creation market.