Theta has two mobile 360 editing apps for photos and videos, named Theta+ and Theta+ Video respectively. The Theta+ Video app features clip trimming, filters, and background music. Four types of formats are available, namely mirror ball, little planet, equirectangular, and rectilinear. Most importantly, the app is camera-agnostic and can work almost any 360 camera.
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A tool coming to the latest versions of video editing applications is support for seamless transitions. Picture a scene showing people at a beach, and suddenly the sky zooms in and your in Rome or Paris, but it looks like you're in the same place because the transition glued the two scenes together using the sky. There are plenty of other examples of seamless transition; this magnificent video shows a good selection of them, and is partly responsible for starting the trend.