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FiftyThree Adds Investor New Enterprise Associates

Wednesday, March 18, 2015 5:31:00 AM PDT | VentureDeal
   New York, New York  --  Digital media software company FiftyThree has raised $30 million in its second round of venture capital funding.

FiftyThree has created software for drawing and editing on the Apple iPad platform.

New Enterprise Associates provided the Series B round of financing.

Partner Dayna Grayson will be the firm's representative to oversee the investment.

The company said it would use the proceeds to boost its expansion into the enterprise and educational markets.

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