Flixel Photos Raises $770K in Funding

Funding Rounds

Summary

The round includes a loan investment of $375k from the Canadian Media Fund “CMF” and $395k from a group of high net worth accredited investors such as Brice Scheschuk, CFO, Globalive/WIND Mobile.The company intends to use the funds to enhance its software application and increase marketing initiatives.Led by Philippe LeBlanc, CEO, Flixel provides an app that allows users to combine features of video and photos creating a “Cinemagraph”, a still image with moving elements, on mobile and desktop.Flixel has collaborated with brands including the Marilyn Monroe clothing line in a recent Macy’s digital marketing campaign.Tyra Banks has incorporated Flixels in her current season of the hit TV show America’s Next Top Model “ANTM” which will generate significant exposure and awareness for the app as well as the company’s B2B service.

$ Funding

$
Amount $770.0K Total raised
Date August 15, 2013 Announcement date
Investors - Lead investors
Company http://www.flixel.com Funded company

Classifications

industries
No industries detected
applications
Call Center Management

AskAI Classifications

Labels
Creative Software Media Production Software Design Software

Linked Companies

Flixel
$1M to $5M