Living photos platform Flixel secures $2.2 mln in seed funding
Flixel Photos Inc has secured $2.2 million in a seed-stage financing led by Extreme Venture Partners and Cranson Capital Securities. Several angel investors joined the round. Based in Toronto, Flixel has developed technology that allows users to easily produce cinemagraphs, or still photos that contain a repeated movement. It has an in-house production group that creates custom cinemagraph campaigns for partners like the Emmy Awards. Flixel said it plans to use the investment's proceeds to expand its suite of products and build on brand partnerships. The startup's other backers include the venture investment arm of U.S. fashion company The Tyra Banks Co Inc.
5 October 2015•4 mins read
