PicMonkey Grabs $41 Million Investment

PicMonkey, a Seattle-based photo editing web app just secured a $41 million growth equity investment from Spectrum Equity. This is the three-year-old company’s first ever round of outside funding, the site has bootstrapped its way into profitability. “PicMonkey has grown from the ground up into a profitable business without a single round of outside funding,” Jonathan… Read More...