It picked up $20 million from a Series B round in 2016 to grow its Asia focus and told TechCrunch that it’s “actively considering fundraising to fuel rapid growth even more.” PicsArt has so far raised $45 million, according to data collected by Crunchbase. There’s a generation of young people who communicate through memes, short-form videos, images and stickers, and they rarely use words,” Tammy Nam, who joined PicsArt as its chief operating officer in July, told TechCrunch in an interview. “PicsArt is helping to drive a trend I call visual storytelling.
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