VC-backed photo-sharing platform 500px buys Authintic Analytics
500px, a Toronto-based platform for discovering, sharing, buying and selling photos, has purchased Authintic Analytics Technologies Inc. The financial terms of the transaction were not disclosed. The acquisition of Authintic, an analytics technology provider with offices in Toronto and New York City, brings additional data sciences and advertising industry expertise to 500px as it enters the photo licensing business, the company said. Founded in 2009, 500px has been venture-backed since 2012. In August 2013, the company secured $8.8 million in a Series A financing round led by U.S. venture capital firms Andreessen Horowitz and Harrison Metal.
11 March 2014•3 mins read
