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Imaging app developer Lightricks raises $130 million Series D News 

Imaging app developer Lightricks raises $130 million Series D

GaryPageau
Photo and video app maker Lightricks, announced $130 million in Series D funding, comprised of $100 million in primary and $30 million in secondary funding which brings Lightricks’ total funding to-date to $335 million and the company’s latest valuation to $1.8 billion, the company said. The round was co-led by New York-based global private equity and venture capital firm Insight... Read More
NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’ Market research News 

NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’

GaryPageau ,
The National Retail Federation (NRF) said retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending. “The increase in August retail sales reflects the continued strength of the American consumer and the resilience of our nation’s retailers,” said Matthew Shay, NRF President and CEO. “In spite of the ongoing challenges of... Read More
Photo features for iOS 15 News 

Photo features for iOS 15

GaryPageau ,
Apple Inc. releases iOS 15, which added new photo-related features for smartphones, including ways to create automatic movies from pictures, adding text recognition within photos, and adding long-overdue EXIF data to photos.  For iPhone 12 and 13 users, Apple claims it has improved the panorama features, removing distortions, and reducing noise and banding. Apple is more tightly integrating photos with... Read More
Kornit Digital releases environmental impact report News 

Kornit Digital releases environmental impact report

GaryPageau
Digital textile printer Kornit Digital released its inaugural 2020 Impact and Environmental, Social, and Governance (ESG) Report, highlighting its ESG activities including ways it conducts business, impacts communities, and reaches environmental sustainability. “Our vision is to boldly transform the world of fashion and textiles for a better, more sustainable planet,” says Ronen Samuel, Kornit Digital’s CEO. “This report serves as... Read More
Australian graphics startup Canva now valued at $40 billion News 

Australian graphics startup Canva now valued at $40 billion

GaryPageau
Canva announced a USD $40 billion valuation after a USD $200 million funding round led by T. Rowe Price and joined by new and existing strategic investors, including Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures. “Visual communication has emerged as a universal need for teams of every size across... Read More
CanvasPop founder Nazim Ahmed lands $3-million in seed funding for new platform News 

CanvasPop founder Nazim Ahmed lands $3-million in seed funding for new platform

GaryPageau
The Ottawa Business Journal reports CanvasPop founder Nazim Ahmed has landed $3-million in seed funding for a new personalized product venture, Creative Layer, aimed at helping Shopify merchants branch out into the growing personalized products space. Ahmed’s previous company was acquired two months ago by Circle Graphics. Creative Layer announced, the repott said, secured $3-million in venture capital from a... Read More
Photo Finale adds Collagewall display system News 

Photo Finale adds Collagewall display system

GaryPageau ,
Photo Finale launched a new fulfilled product line: Collagewall. Collagewall is a hardboard or metal print display system allowing users to create and order their whole wall arrangement at once. The consumers choose the layout and add photos; after the order is placed, the mounted prints – complete with easy-to-use mounting hardware –  are shipped to the consumer. The product... Read More
Google Photos expands print options, expands canvas offerings News 

Google Photos expands print options, expands canvas offerings

GaryPageau
Google Photos is expanding printing options, bringing it in line with more traditional printing services. Previously, Google Photos would use its AI select 10 photos for its premium photo service or users could pick up 4×6, 5×7 and 8×10 prints at CVS, Walgreens, and Walmart. New to Google Photos is a ship-to-home option in the United States, starting at $0.18... Read More
Industry Notes for the week of Sept. 7 News 

Industry Notes for the week of Sept. 7

GaryPageau
NFIB: Half of U.S. small businesses are understaffed Reuters reports the National Federation of Independent Businesses (NFIB) says “half of U.S. small-business owners reported unfilled job openings in August as finding qualified workers remains an ongoing challenge. The trade group said, in its monthly jobs report, 50% of small business owners reported unfilled job openings in August on a seasonally adjusted... Read More
Waldo Photos partners with American Photo Marketing News 

Waldo Photos partners with American Photo Marketing

GaryPageau ,
Waldo Photos, the AI-powered photo platform featuring face finding and jersey recognition along with patented mobile proof delivery, announced its new partnership with American Photo Marketing, the Ypsilanti, Mich.-based school photography provider. The partnership with Waldo will now bring AI-powered photo management, yearbook curation, and real-time mobile photo delivery to families served by APM’s three businesses: SchoolPictures.com, which provides traditional... Read More
Japan’s Asukanet reports higher quarterly sales Earnings reports News 

Japan’s Asukanet reports higher quarterly sales

GaryPageau ,
Japanese photobook maker Asukanet Co., Ltd. reported sales for the quarter ending July 31 were 1,466,562 thousand yen (116.4% compared to the same quarter of the previous fiscal year). In terms of income, despite the higher R&D expenses for the establishment of a technical development center in the aerial display business, an increase in segment income in the funeral business... Read More
European online print marketplace HelloPrint adds Canva integration News Partnerships 

European online print marketplace HelloPrint adds Canva integration

GaryPageau ,
European online print marketplace Helloprint announced a strategic partnership with visual communication platform provider Canva, where users can access Canva’s thousands of print templates and content library and print the designs directly via the Helloprint platform. We believe that integrating Canva’s powerful design solution and content library on our European platform is a true game-changer for us as a company... Read More