Categories: Business

500px acquire recommendation engine Algo Anywhere to aid image discovery

500px, the fast-growing photography community, has acquired recommendation engine Algo Anywhere to personalise users’ content experience and aid image discovery.

Like 500px, Algo Anywhere is based in Toronto, Canada. They’re best described as a “machine learning company” that delivers high-volume personalised recommendations in real-time. With Algo Anywhere on board, 500px want to “completely revamp” user experience.

Both companies originally met at a photo-inspired hackathon day hosted by 500px last November. Now, some eight months later, the Algo Anywhere team, technology and customer base are all joining 500px in a combined and undisclosed cash and stock option transaction.

Oleg Gutsol, CEO and co-founder of 500px, speaks of Algo as the “perfect fit” to help enhance image rating and discovery on the social photography service, and deliver personalised search results and image filtration.

“When we first met the Algo team we immediately recognized that their capabilities and technology would be a perfect fit for our needs to make social photography more interactive and engaging. Combining their big data analysis and recommendation engine, curation and visual content we’re looking forward to offering our users a greatly enhanced experience.”

In March, 500px announced its image marketplace, allowing users to buy and sell prints and digital downloads. Since then, 500px has improved on this by showcasing best-selling curated collections so users can easily explore the most popular photos. With Algo’s technology more great content will undoubtedly get discovered naturally.

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

Recent Posts

Are AI chatbots crossing the line? The risks developers need to know ahead of Valentine’s Day

AI chatbots are transforming communication, but recent headlines reveal their darker side: lawsuits over harmful content and reports…

12 hours ago

India’s digital ID architect touts DPI for govt tracking individual finances, vaccine passports

DPI systems can just as easily exclude people from participating in some aspects of society…

13 hours ago

HR execs head to Orlando for HR Management Institute event to help define the future of work 

HR has always had far-reaching responsibilities, however its focus has long been on employee retention…

5 days ago

Longview Fusion Energy Systems Highlighted as Key Contributor in Multiple FIRE Grants

Longview Fusion Energy Systems has announced its role as a key contributor to two of the…

1 week ago

As CFOs battle tough odds, accounting solutions help to drive new efficiencies 

As CFOs battle tough odds, accounting solutions help to drive new efficiencies  More than anything,…

1 week ago

An algorithmic Apple of Discord: DARPA renames Theory of Mind program to ‘Kallisti’

Could 'Kallisti' be the beginning of another Trojan Horse scenario? perspective The US Defense Advanced…

1 week ago