Imagen

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Imagen, a company that develops AI-powered editing solutions for professional photographers, has announced a $30 million investment led by Summit Partners with participation from existing investor NFX. The investment will support the companys continued growth and development of its post-production workflow automation technology. Imagens solution saves photographers time by automating tedious aspects of post-production work, allowing them to focus on their creative style. The company estimates that there are between one and three million photographers worldwide who could benefit from its tools. Imagen is currently profitable, edits over 150 million photos annually, and has a growing user community. The company has raised a total of $34 million to date and employs around 50 people.

growth-positive

ImagenAI, a startup using AI to help professional photographers edit photos and automate post-production work, has raised $30 million in a growth investment from Summit Partners. The funding will be used to expand the companys software-as-a-service offering through mergers and acquisitions and product research and development. ImagenAIs platform, which is available as a cloud-based plugin for Adobe Lightroom Classic and a standalone app, uses machine learning to learn a photographers personal style and automate the editing process. The company is currently profitable with over $10 million in annual recurring revenue and plans to launch new products in the near future. ImagenAI expects to double its workforce next year.