Meero, a France based startup which offers online editing and production tools for photographers has raised $230 million funding from Eurazeo & others.
Eurazeo invested $56 million out of $230 million, which brings Meero’s valuation above the $1 billion threshold used by the tech industry to identify so-called “unicorns” the most valuable and promising startups.
Investment companies Prime Ventures, Avenir Growth, Global Founders Capital, Aglae Ventures, Alven, White Star Capital and Idinvest Partners also participated in the fundraising, whose financial details were not disclosed.
Meero was founded three years ago and is headquartered in Paris.
Meero hopes to double its staff to 1,200 by the end of the year, according to French newspaper Les Echos, which interviewed the company’s founder Thomas Rebaud.
Rebaud said to Pixr8 News, “Meero’s revenues stem from commissions taken from photographers’ assignments. He did not provide any figure on the company’s financial results.”
Meero’s fundraising is the second-biggest funding in France this year after Doctolib’s 150 million euro fundraising.