Searchable GIF platform Giphy, which is also backed by CAA, increased its venture funding to $150m inside three years and is now valued at $600m.
GV, the corporate venture capital unit formerly known as Google Ventures, has taken part in a $72m series D round for US-based online GIF database Giphy, the Wall Street Journal reported yesterday.
The round, which valued Giphy at $600m, was led by venture capital firm DFJ and included Institutional Venture Partners, China Media Capital, Betaworks, RRE Ventures and Lightspeed Venture Partners.
Giphy has built a searchable depository of GIFs – looped short video clips often used in online memes –…
