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PicMonkey Picks Up $41 Million First Financing Round

Monday, August 3, 2015 5:46:00 AM PDT | VentureDeal
   Seattle, Washington  --  Digital media technology company PicMonkey has raised $41 million in its Series A round of institutional financing.

PicMonkey makes digital tools for photo editing and graphic design applications.

Spectrum Equity (Pete Jensen) made the investment.

The company did not say how the proceeds purposes would be used.

Company CEO Jonathan Sposato is also Chairman of Geekwire, a technology blog.

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