GIF and sticker platform Emogi gets $12.6M as the battle of GIF startups continues to heat up

GIF and sticker platform Emogi gets $12.6M as the battle of GIF startups continues to heat up

6 years ago
Anonymous $CLwNLde341

https://techcrunch.com/2018/05/30/gif-and-sticker-platform-emogi-gets-12-6m-as-the-battle-of-gif-startups-continues-to-heat-up/

It looks like the capital continues to flow into startups looking to provide some easy way for users to share GIFs, with another startup called Emogi announcing today that it’s raised $12.6 million in a new financing round.

Already there’s enormous activity in the GIF space, of all things. Google earlier this year acquired Tenor, a GIF platform that supplies a GIF search engine across multiple messaging channels (the company recently added LINE as one service). Tenor earlier had said it had around 12 billion GIF searches every month. Meanwhile, Gfycat, which focuses on creator tools, says it has around 180 million monthly active users with more than 500 million views every month. Giphy, one of the other largest GIF platforms, says it has around 300 million daily active users (and we hear recently held talks for a massive funding round).

GIF and sticker platform Emogi gets $12.6M as the battle of GIF startups continues to heat up

May 30, 2018, 5:13pm UTC
https://techcrunch.com/2018/05/30/gif-and-sticker-platform-emogi-gets-12-6m-as-the-battle-of-gif-startups-continues-to-heat-up/ > It looks like the capital continues to flow into startups looking to provide some easy way for users to share GIFs, with another startup called Emogi announcing today that it’s raised $12.6 million in a new financing round. > Already there’s enormous activity in the GIF space, of all things. Google earlier this year acquired Tenor, a GIF platform that supplies a GIF search engine across multiple messaging channels (the company recently added LINE as one service). Tenor earlier had said it had around 12 billion GIF searches every month. Meanwhile, Gfycat, which focuses on creator tools, says it has around 180 million monthly active users with more than 500 million views every month. Giphy, one of the other largest GIF platforms, says it has around 300 million daily active users (and we hear recently held talks for a massive funding round).