PicsArt Secures $10,000,000 New Financing Round

  • Feed Type
  • Date
    2/5/2015
  • Company Name
    PicsArt
  • Mailing Address
    Undisclosed San Francisco, CA 94107 USA
  • Company Description
    A growing mobile photo-editing system that claims almost 60 million active users a month, is moving its top brass to San Francisco so it can tap into the area’s tech talent pool and venture community.
  • Website
    http://www.picsart.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    PicsArt’s rapid, organic growth makes the case that the next era of expression will be based not only on sharing, but creativity and collaboration as well.
  • M&A Terms
  • Venture Investor