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

With surge in AI-generated code creates security concerns, DeepSources launches trio of autonomous AI agents for DevSecOps 

Autonomous, AI-powered employees are set to begin roaming corporate networks sooner than expected, marking the…

12 hours ago

As carcinogenic chemicals from cleaning products hit the headlines, Viking Pure Solutions is protecting employees from harm

Despite the ongoing fight to reduce, reuse and recycle plastics, when it comes to environmental…

12 hours ago

Muddy Waters vs. AppLovin: Why Investors Might Be the Real Target

Muddy Waters’ recent short report on AppLovin reads serious. Abuse, violations, an impending takedown. But…

1 day ago

Trump’s Tariff Policy: An Apparent Double Standard for Apple?

Do you know how I knew that Trump would be the 47th President of the…

1 day ago

These travel bloggers have the best tips on how to make the most of your trip to the UK

From Stonehenge to the Tower of London, Buckingham Palace to the Angel of North, there’s…

2 days ago

The science of what we eat: The NYU math grad bringing sustainable olive oil to your kitchen (Brains Byte Back Podcast)

When it comes to what we eat, more of us are asking the right questions:…

4 days ago