Tech Company Financing Transactions
PicsArt Funding Round
PicsArt closed a $15 million funding round on 6/4/2015. Backers included Insight Venture Partners and Sequoia Capital.
Transaction Overview
Company Name
Announced On
6/4/2015
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Insight Venture Partners (Jeffrey Horing)
Sequoia Capital (Omar Hamoui)
Proceeds Purpose
The new funding will enable the company to expand globally and develop new tools for users.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
211 Sutter St. 300
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hovhannes Avoyan
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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