Lightricks shines with $130m series D

Sep 21, 2021 •

The content creation tool developer was valued at $1.8bn through a series D round featuring Access Industries’ ClalTech unit, Harel Insurance and Finance and Migdal Insurance.

Israel-based content creation app developer Lightricks has secured $130m at a $1.8bn valuation in a series D round backed by insurance providers Harel Insurance and Finance and Migdal Insurance, Times of Israel reported on Sunday.

The round was co-led by private equity and venture capital firm Insight Partners and VC firm Hanaco Venture Capital. It included ClalTech, a regional investment unit for diversified conglomerate Access Industries, as well as Goldman Sachs Asset Management, Greycroft, Altshuler Shaham and Shavit Capital.

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