capital

Lightricks Raises $10 Million in Funding to Advance Its Mobile Photo Apps

Facetune is one of the most popular photo tools in both Apple’s iOS App Store and Google’s Play Store -- to such a great degree that Apple officially branded the app as an “Essential” download a short while back. Facetune is known for its ability to smoothen skin, emphasize eyes, fill bald patches, reshape facial structures, brighten teeth, and much more. Now, the Jerusalem-based company behind it, Lightricks, is ready to go a step farther after securing $10 million in new venture funding.

GoPro Seeks $3 Billion Valuation Ahead of IPO

GoPro pulled in more than $1 billion last year, and as the company prepares to go public, all eyes are on the action cam king to see what kind of price tag it receives. Well, now we have a figure, and according to Bloomberg, it rings to the tune of $3 billion.

VSCO Gets a Massive $40M Investment to Build Out Its Photo Community

Known most for their film emulation presets, mobile app, and creative network, Visual Supply Co. has taken the photography world by storm since their inception in March of 2011. Releasing VSCO Film, VSCO Keys, VSCO Cam, VSCO Grid, and their VSCO Journal, they’ve shown that they aren’t only a company looking to sell products – they’re a company striving to build an entire community by creating and establishing effective resources for photographers.

And as of today, there’s proof in the form of dollars that others believe in their endeavors. $40 million dollars worth of belief to be precise.