Monday, December 23

Tag: France startup funding

Meero raises $230M funding, joins Unicorn club
FUNDING

Meero raises $230M funding, joins Unicorn club

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 com...