January 14, 2014
Visually today announced the closing of a Series A funding round, hauling in a massive $8.1 million. Led by Crosslink Ventures, the round also included investments from SofTechVC, Giza Ventures, 500 Startups, Kapor Capital, Correlation Ventures, and Quest Ventures.
The primary allocation of said funding will be used to alter the landscape for visual content creation. That is, Visually wants to make it easier for global creatives to work together and collaborate with each other and their customers. They will also be using a chunk of the funding to enter new markets and increase their global talent.
Additionally, Eric Chin of Crosslink Ventures will be joining the Visually board alongside Stew Langille, Dave McClure of 500 Startups, and Jeff Clavier of SofTechVC. This will ensure that they continue to disrupt the traditional agency model of content creation.
“Visually’s marketplace is a game-changer, a whole new way to deliver content that takes advantage of the cloud,” says Langille, CEO and Co-Founder of Visually. “This new funding allows us to continue building towards our vision of becoming the global hub for visual content of all kinds and to continue investing in the expansion of our unique product.”
The company is already finding that brands and organizations get much needed help from that cloud-based collaboration to deliver the content they need at speed and scale. But beyond that, startups and creative professionals continually identify Visually as an effective means of expanding and growing their own client base and personal brand.
Visually launched their Project Center in 2013, and it has spurned 10x growth for the company. That paired with their current bout of funding ensures that they are on pace to maintain that trajectory of growth throughout the 2014 year as well.
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