Facetune maker Lightricks raises $130 million ahead of M&A plans
Facetune designer Lightricks, which operates more than a lots subscription-based image- and video-editing apps throughout iOS and Android, now has $130 million in new funding to more grow its service. The company’s newly revealed Series D round consists of $100 million in main and $30 million in secondary funding, and now values the company at $1.8 […] The business’s recently revealed Series D round consists of $100 million in main and $30 million in secondary financing, and now values the company at $1.8 billion. Throughout its suite of apps, the company now touts 29 million regular monthly active users, where over 5 million are paid customers. Its users balance around 78 million month-to-month exports, showing Lightricks’large impact on the developer economy. In the U.S., Lightricks is focused on material. …
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