GIF database Giphy increased its overall funding to $75m with a series C round that marked the third investment in the company by CAA.
Giphy, the US-based operator of an online database for animated GIF pictures, secured $55m yesterday in a series C round featuring talent agency Creative Arts Agency (CAA).
The round, closed at a valuation of $300m according to TechCrunch, was led by Lightspeed Venture Partners and featured General Catalyst Partners, RRE, Betaworks and Lerer Hippeau Ventures.
Founded in 2013, Giphy runs a searchable database that allows users to upload and share GIFs, as well as a tool that lets media companies…
