Categories: Business

500px gains foothold in Europe with Pulpfingers acqui-hire

500px, the photo sharing platform for professionals, has acquired European startup Pulpfingers, a company that develops photo-focussed iOS apps.

The all-stock deal, which can only be described as an acqui-hire, is reported to be in the “low seven figures” range.

Pulpfingers has already developed an app for 500px that allows users to browse photos, but also upload their own (premium feature) and share. Earlier this month, Pulpfingers stated on its company blog that it would cease development of its Flickr app Photopular and actively encouraged users to migrate to 500px, citing that Flickr “is of another era”.

Pulpfingers’ founders David Charlec and Jerome Scheer will transition to working full-time at 500px in Toronto over the next few months, but their base in Strasbourg, France will be maintained as a foothold for 500px in Europe.

500px CEO Oleg Gutsol informed TechCrunch of one of the main reasons they decided to acquire the French startup;

“It’s been our intention to increase our presence in Europe and we’ve been looking for the right opportunity. We have huge numbers of photographers in Germany, France and Spain, so a central presence in France makes a lot of sense.”

Earlier this year, 500px acquired recommendation engine Algo Anywhere to aid image discovery and deliver personalised recommendations in real-time to its platform users.

500px is definitely on our ‘ones to watch’ list in 2013.

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

AI safety for kids a top concern for COPPA compliant AI startups

June means the start of summer is upon us, and as teachers put the 2024-2025…

2 days ago

DARPA to simulate disease outbreaks: model lockdown, vaccination & messaging strategies

Why is DARPA modeling disease outbreaks & intervention strategies while simultaneously looking to predict &…

4 days ago

ManagedMethods launches Advanced Phishing solution against rising tide of malicious emails 

Earlier this year, a report from non-profit organization the Center for Internet Security shone a…

4 days ago

DARPA ‘CoasterChase’ looks to mitigate stress with ingestible neurotech

DARPA is putting together a research program called CoasterChase that aims to mitigate warfighters' stress…

5 days ago

U.S. Fusion Power Plant Design Passes Independent Review

In the global race to develop and commercialize fusion power reactors, U.S. scientists have reached…

5 days ago

Pet Health Meets Convenience: New Partnership Aims to Empower Pet Owners with At-Home Testing

Innovative Pet Lab, a science-forward company offering at-home health tests for pets, today announced a…

1 week ago