Anete Lusina

Shutterstock Acquires Web-Based Photo Editor PicMonkey for $110M

Shutterstock has announced the acquisition of PicMonkey, an online photo editing and design platform, for $110 million.The cash deal to acquire the Seattle-based startup PicMonkey was finalized this week. PicMonkey was founded in 2012 and offers users web-based image editing and design tools, with access to thousands of templates, graphics, ...