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601 Lightricks app developer valued at $1.8 billion

Business of Apps
Anne Freer @ Business of Apps 2 place · 09/21/2021 05:23 EDT

Lightricks app developer valued at $1.8 billion

Lightricks, the Israel-based maker of image and video editing apps, just raised $130 million in a Series D funding round that brings the group’s valuation to $1.8 billion. The round was co-led by Insight Partners and Hanaco Venture Capital, and participation from existing investors including Goldman Sachs Asset Management, and Clal Tech. Lightricks flagship apps include Facetune 2 – a photo editing app – and Facetune Video to edit and retouch videos. The group also makes an app called Filtertune which boast

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