Yet another Israeli startup exit today, with the announcement on the acquisition of Picscout, provider of image copyright protection software, by Getty Images for ab undisclosed sum. Picscout was founded in 2003 by Eyal Gura and Offir Gutelzon and has raised approximately $1 million since inception.
Israeli Startup Picapp Merges with YBrant Media
Ybrant Media, an large Indian Media portfolio of companies, has acquired Israeli startup PicApp for an undisclosed amount. This is Ybrant Media’s second acquisition in Israel. The company has previously bought Advertising startup Oridian in 2007.
