![]() With this in mind, it’s no surprise both of these firms participated, especially since Lightricks has been posting some impressive numbers so far in 2021, most of which is thanks to the continuing rise in popularity of social media platforms such as Instagram, Twitch, and TikTok. The investment was co-led by leading global private equity and venture capital firm Insight Partners and New York and Tel Aviv-based venture capital fund Hanaco Ventures, both of which have a track record of picking out scale-ups with explosive business potential, especially those that look set to disrupt the tech industry. As one might expect of a high-growth startup situation like this, the round attracted a number of notable investors, including Goldman Sachs Asset Management, Clal Tech, Harel Insurance, and Finance, and Greycroft, as well as new investors Migdal Insurance, Altshuler Shaham, and Shavit Capital. ![]() The round includes $100 million in primary funding and $30 million in secondary funding, bringing the startup’s total capital raised to $335 million. The new Series D funding round will allow Lightricks to expand its operations, primarily through the advancement of its London and Shenzhen offices, as well as the development of new industry-first applications tailored toward the ever-expanding creator economy. After achieving unicorn status in its previous funding round, Israeli visual creativity app developer Lightricks recently announced it has raised an additional $130 million.
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