Tweaking and sharing your iPhone photos with friends is all the rage thanks to popular apps like Instagram and Hipstamatic, but the video market has been relatively underserved. Now along comes Viddy, a handsome new app that allows you to easily dress up your video clips and put them out into the world.

Much like Instagram, Viddy provides a number of filters that you can apply to your videos. You can control the intensity of the filter and even use a pre-supplied soundtrack; then tag the clip with your location and a description. Viddy easily syncs with Foursquare, Facebook and Twitter and displays your videos and those of your friends in a continuously updated feed.

The app is free to use and hit the iOS App Store today. Give it a spin for yourself.