PicsArt Secures $20,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7aedbe5f-99a9-424a-8713-3bedf21a9e1c - Date
4/20/2016 - Company Name
PicsArt - Mailing Address
351 California Street Mezzanine San Francisco, CA 94104 USA - Company Description
The PicsArt app includes hundreds of photo editing features, customizable filters, text options, a collage maker, and a camera. The app also doubles as a fully-equipped digital drawing suite, with the option of drawing on a blank canvas, photo, or background using various artistic brushes and layers. - Website
http://www.picsart.com - Transaction Type
Venture Equity - Transaction Amount
$20,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds will be used to expand the company’s efforts in China and Japan. - M&A Terms
- Venture Investor
DCM Ventures - Venture Investor
Siguler Guff & Company - Venture Investor
Undisclosed
