PicScout

Image Recognition

Acquired (Inactive) by Getty Images on Apr 2011 - closed due to acquisition
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Company Overview

Snapshot

Founded in December 2002, PicScout operated with 11–50 employees, securing $1M in total capital across one disclosed funding round from two investors. The company was acquired by Getty Images in April 2011.

Business overview

PicScout specializes in image recognition technology, providing services for content providers, image consumers, and business partners. The company's core technology leverages a registry of 270 million owner-identified images to track online image usage, analyze trends, and enrich metadata, enabling users to monetize their imagery. PicScout operates within the Software Applications sector, serving markets in Israel, the United States, and the United Kingdom.

Strategic signal

PicScout's acquisition by Getty Images in April 2011 for $20 million underscored the strategic value of its image recognition technology in the digital content landscape. This exit validated the company's approach to image tracking and copyright protection, highlighting the increasing demand for robust solutions to manage and monetize visual assets online. For investors, this event signaled the potential for significant returns in the intellectual property and digital rights management space.

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Company Intelligence Q&A

When was PicScout acquired?
PicScout was acquired by Getty Images in April 2011.
What was the acquisition amount for PicScout?
Getty Images acquired PicScout for $20 million in April 2011.
Which investors participated in PicScout's funding round?
In February 2006, PicScout received funding from investors Yair Goldfinger.
What is PicScout's primary technology?
PicScout's primary technology is image recognition, which it uses to track and manage online images.
What services does PicScout provide?
PicScout provides services that enable content providers, image consumers, and business partners to monetize imagery by tracking usage, analyzing trends, and enriching metadata.
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