funding

Snappr Has Raised $13M to Be the Uber of Photography

Snappr wants to be the go-to service for business to get fast, easy access to photographers at rates as low as $89 per session. The company operates like a mix of Uber and ThumbTack, with on-demand access to creatives in 200 metropolitan areas, and could be coming to a city near you.

The Expanding Universe of Crowdfunded Photo Gear

I confess: I’m a photo gear junkie. I’ve bought dozens of cameras and lenses, way too many tripods, camera bags and backpacks, and many thousands of dollars’ worth of filters, flash units, and other accessories. I’ve tempered my obsession over the last few years, mostly because there's only so much room to store these things, but from the flood of new products hitting the market recently I'd say I slowed down just in time.

Magnum Photos Receives First Outside Investment in Its 70 Year History

Magnum Photos, one of the most prestigious photographic agencies in the world, is celebrating a storied 70-year history this year, but it is a history that has not been without financial trouble. The agency has recently announced that they will be taking outside investment for the first time to help them grow and innovate in the digital age.

Gameface Media to Pay Photographers Soon After Raising Another $2.6M

Since being founded in 2012, Gameface Media has become a dominant force in amateur sports event photography. But in recent times, photographers shooting for Gameface have complained of payments being delayed by many months. Today there's a bit of good news: Gameface has raised another $2.6 million from investors and is now promising to pay photographers very soon.

Light Raises $30M to Bring Its 52MP, 16-Aperture Camera to Market

When Light unveiled its revolutionary L16 multi-aperture computational camera in October 2015, people were so excited by the device that the company blew past its first month sales goal in the first two days. Today the company announced that it has just raised $30 million in funding to change the way people take pictures.

The Lily Throw-and-Shoot Drone Has Seen $34 Million in Pre-Orders

One of the biggest drone stories in 2015 was the unveiling of the Lily drone, a robotic device that makes shooting aerial photos and videos as easy as tossing a drone into the air. There's no complicated piloting: AI, computer vision, and GPS help take care of everything for you.

It's a idea that has attracted a huge amount of interest: after announcing $15 million in private funding last month, Lily is revealing now that it has received a whopping $34 million in pre-orders from 60,000 customers.

XCraft Raises $1.5M from Shark Tank for Its Next Gen Camera Drones

The drone company XCraft has successfully raised $1.5 million at a $6 million valuation after appearing on the ABC reality TV show Shark Tank. The two founders convinced all 5 "sharks" to invest in the company, which builds next generation camera drones that go beyond your standard quadcopter.

Getty Teams Up with Instagram to Offer $30,000 to Mobile Photographers

Smartphone photography is becoming one of the main ways people share visual stories with the world, and Getty Images wants to help bankroll powerful mobile photo projects. The company is teaming up with Instagram to launch a new photography grant that will hand out $30,000 to help Instagram users tell important stories.

DJI Raises $75 Million in Funding and Is Now Valued at $10 Billion

The world's largest drone maker is quickly becoming one of China's most powerful homegrown companies. DJI announced today that it has raised another $75 million in venture capital funding, and recent talks with investors have reportedly pegged the value of the company at a whopping $10 billion.

EyeEm Raises $18M More to Turn Photo Sharers Into Photo Sellers

Photo sharing service EyeEm has raised an additional $18 million in funding after taking $6 million from investors back in 2013. The new war chest will be used to further the company's mission of becoming the top network for photographers looking to make some money with their photos.