PicApp Raises $3.2 Million, Retires Flash, Signs Newscom

Posted on 9/22/2008 by Julia Dudnik Stern | Printable Version | Comments (0)

San Francisco-based ad-supported image-licensing platform PicApp has secured $3.2 million in a funding round led by Israeli venture-capital firm Carmel Ventures. The PicScout spin-off, which recently became a separate business venture, has also announced a technological update of its product and a new content partner.

With over $600 under management, Carmel focuses on early-stage software, communications and media businesses. The company is headquartered in Herzelia, the birth place of PicScout and location of its a development and operations center. Carmel general partner Rina Shainski is joining the PicApp board of directors, along with angel investors Yair Goldfinger and Lenny Recanati.

PicApp has also released a non-Flash version of the embeddable widget that allows bloggers and Web site owners to use images hosted by the company. The update integrates better search-engine optimization capabilities.

Shainski described PicApp’s progress as impressive. Without releasing specifics, the company says it has gained much traction with bloggers, such as members of the sports-blogging network Yardbarker. The network, which targets men and unites over 550 blogs, has recently selected PicApp as premiere photo source.

PicApp was also selected as one of the top 100 undiscovered sites by PCMagazine. The company currently represents over 10 million images from leading stock and editorial sources, including Getty Images, Corbis, Splash News and Image Source.



The latest to join the PicApp supplier roster is Newscom, an aggregator that offers publisher-clients over 25 million images, video clips, illustrations, texts and graphics. According to PicApp, Newscom content offers PicApp users the benefit of real-time coverage of sports, news and entertainment events.

PicApp remains in beta.


Copyright © 2008 Julia Dudnik Stern. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Comments

Be the first to comment below.

Post Comment

Please log in or create an account to post comments.

Stay Connected

Sign up to receive email notification when new stories are posted.

Follow Us

Free Stuff

Stock Photo Pricing: The Future
In the last two years I have written a lot about stock photo pricing and its downward slide. If you have time over the holidays you may want to review some of these stories as you plan your strategy ...
Read More
Future Of Stock Photography
If you’re a photographer that counts on the licensing of stock images to provide a portion of your annual income the following are a few stories you should read. In the past decade stock photography ...
Read More
Blockchain Stories
The opening session at this year’s CEPIC Congress in Berlin on May 30, 2018 is entitled “Can Blockchain be applied to the Photo Industry?” For those who would like to know more about the existing blo...
Read More
2017 Stories Worth Reviewing
The following are links to some 2017 and early 2018 stories that might be worth reviewing as we move into the new year.
Read More
Stories Related To Stock Photo Pricing
The following are links to stories that deal with stock photo pricing trends. Probably the biggest problem the industry has faced in recent years has been the steady decline in prices for the use of ...
Read More
Stock Photo Prices: The Future
This story is FREE. Feel free to pass it along to anyone interested in licensing their work as stock photography. On October 23rd at the DMLA 2017 Conference in New York there will be a panel discuss...
Read More
Important Stock Photo Industry Issues
Here are links to recent stories that deal with three major issues for the stock photo industry – Revenue Growth Potential, Setting Bottom Line On Pricing and Future Production Sources.
Read More
Recent Stories – Summer 2016
If you’ve been shooting all summer and haven’t had time to keep up with your reading here are links to a few stories you might want to check out as we move into the fall. To begin, be sure to complet...
Read More
Corbis Acquisition by VCG/Getty Images
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Gett...
Read More
Finding The Right Image
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides...
Read More

More from Free Stuff