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Snapchat bought Odessa startup Looksery for $ 150 million

Snapchat, one of the most popular messengers in the world, bought a Odessa-based startup Looksery . The amount of the transaction amounted to one hundred fifty million dollars.

Looksery is currently unavailable in Google Play and iTunes, and on Snapchat there are new “lenses” for messages.

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Snapchat reported two news on his blog: talked about a new paid service - additional repetitions of messages, and about a “new way to express yourself on Snapchat” - “lenses”. To activate the "lens", you need to click on your face on the display of the smartphone at the time of taking a selfie. Lenses filters became available to Snapchat after buying a Odessa startup Looksery.
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Looksery has developed a technology that tracks the face and modifies it in real time when taking photos and videos. The program allows you to eliminate skin defects, change the shape of the skull or eye color, or simply make a zombie out of the user. The startup made an application for smartphones on Android and iOS, and for business the startup licensed its technology.

The company Looksery was founded by Yury Monastyrshin and Viktor Shaburov on August 22, 2013. In the summer of 2014, the startup conducted a successful campaign on Kickstarter , collecting one and a half times the required thirty thousand dollars. Techcrunch , Venturebeat and told CNN about a startup from Odessa. This helped a startup to attract customers and reach one million dollars in turnover per month.

According to Ain.ru , the amount of the transaction amounted to one hundred fifty million dollars, and the Looksery development team is rumored to move to the United States.

Source: https://habr.com/ru/post/294554/


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