With the $17 Million funding which was pumped into Giphy a few days ago, the total investment of this search engine has reached $19.4 Million. The two rounds attracted six investors including CAA Ventures, Betaworks, RRE Ventures, Lightspeed Veture Partners,Lerer Hippeau Ventures and General Catalyst Partners.
Giphy is a popular search engine for GIFs. In absence of any good platform to browse and discover the best GIFs that the internet has to offer, Giphy offers a viable solution and can prove quite handy in GIF search.
Also its functionality is not limited to search engines only, but it is also a community platform which offers a wide range of features it the bloggers enthusiasts, gif artists that are looking to create a big name in the industry.
After the potential acquisition talks from Facebook, Giphy continued its partnership with various social media ventures and focused more on generating the finances and making the brand bigger.
Giphy takes care of the artists interest and ensures that they get their due credit for their work. The use of gifs has spread all around the internet and there is hardly anything that can be done without their use be it in games, presentations, images, movies and various other media files.