Digital content licensing startup GumGum has raised $2.6 million in funding, according to an SEC filing just filed. The L.A.-based startup has raised around $3.8 million in total, including a $1 million first round from First Round Capital and Crosscut Ventures last year. The company declined to comment on where the funding came from and its plans moving forward.
Founded in 2006 by former Mojungle CEO Ophir Tanz, publishers like Gawker use GumGum’s image licensing and monetization platform to secure photos for their sites; rival startups include newly-launched Fotoglif (per VB).
By Tameka Kee