Photo sharing platform 500px, which had raised $22m from investors including Visual China Group and CAA, has been acquired by the former.

VCG Hong Kong, a subsidiary of image licensing service Visual China Group, acquired one of its portfolio companies, Canada-based, photography-focused social community 500px, on Monday.

VCG paid $17m for 500px, which has raised approximately $22m in funding, according to JRJ.com.

Founded in 2009, 500px has built an online community with 13 million users where photographers can share and license their images. VCG has distributed content on behalf of 500px since 2015, and the companies jointly launched a Chinese platform called…