sight.io, a Swiss startup developing technology to organize photos, has been acquired by EyeEm, a Berlin, Germany-based photography and community-centric platform on iOS, Android and the web.
The amount of the transaction was not disclosed.
Co-founded by Sheetal Joseph and Appu Shaji and advised by Sabine Susstrunk, Sight.io was recently working on a set of algorithms to automatically rate images to be then available via web APIs.
The co-founders have not shared what they’ll be working on, even if “the core principles and technology built over the past few years at sight.io will make an appearance on EyeEm”.
Led by CEO Florian Meissner, EyeEm is a venture backed community and marketplace for photographers- It allows photographers to decide which of their images are put up for sale, they retain the copyright to their works and get a share of the revenue. The free EyeEm application for iOS and Android is available in 20 languages.
FinSMEs
17/08/2014