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Jerusalem Life

| Israel's photo-editing apps maker Lightricks raises $135m at $1b valuation

Zev Stub    
Thursday, 01 August 9:35 AM

Jerusalem-based software startup, Lightricks, a maker of photo and video editing apps, said Wednesday it has raised $135 million in Series C funding. The deal values the company at $1 billion, the firm said.

The funding round was led by Goldman Sachs Private Capital Investing, the investment arm of the financial services firm, with additional investors including Insight Partners and ClalTech. The startup has raised a total of $205 million from investors to date, the firm said in a statement.

Full Story (The Times of Israel)
         
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