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Venture Capital News: Giphy Raises $72M

2016-10-31
NEW YORK, NY, Giphy has raised $72 million in funding led by Draper Fisher, Institutional Venture Partners and China Media Capital.
According to TC, Giphy has raised $72 million in funding led by Draper Fisher, Institutional Venture Partners and China Media Capital. The valuation was reported at $600 million by the WSJ.

At GIPHY, we've built the world's largest animated GIF search engine and redefining how people search, discover, create, and share GIFs. Since our start we've developed an all-in-one GIF platform with multiple product offerings, touching millions of users per day and serving billions of GIFs per month.
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