fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Animation

LottieFiles scores $37m in Square Peg-led Series B round

Team AsiaTechDaily by Team AsiaTechDaily
05 May 2022
in Animation, Featured
0
LottieFiles

LottieFiles co-founders Kshitij Minglani and Natty Adnan.

14
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

LottieFiles, a motion graphics platform for designers and developers, announced raising $37 million in a Series B funding round led by Australian venture capital investor Square Peg Capital.

The funding round was also backed by XYZ Venture Capital, GreatPoint Ventures, and existing investors 500 Startups and M12, the venture fund of Microsoft Corp.

LottieFiles said it will use the funding to further its product roadmap and expand its operations to cater to the expanding user base.

The company plans to launch a new design workflow and collaboration solution to its global user base in summer 2022, which will enable designers to save even more time per asset shipped and even more time to focus on creativity. Using Lottie, motion designers and developers can save weeks of effort by not having to code motion graphics individually for each platform.

“Our mission is to democratize motion design and graphics animation and make it accessible to all,” said LottieFiles’ CEO and co-founder, Kshitij Minglani.

“LottieFiles completely transforms the creation and design workflow process, which empowers every designer and their teams to leverage the power of motion to create delightful user experiences. The LottieFiles team spent the last three years studying and perfecting a blueprint that now works for design and developer teams from more than 135,000 companies. We are excited to bring LottieFiles into offering this year and grow our user base even more.”

The LottieFiles.com website currently counts users from more than 135,000 companies globally, including animation designers and motion designers from Google, TikTok, Disney, Uber, Airbnb and Netflix.

Every nine seconds a new animation goes through the LottieFiles workflow and tooling, making it the most-visited destination for Lottie motion worldwide. LottieFiles also has integrations with the most popular design tools, such as Adobe XD, Adobe After Effects, Figma, Webflow, WordPress, and more.

ottieFiles previously raised $9 million in Series A funding in January 2021, led by Microsoft Venture Fund M12, and has experienced 160% growth in net new registered users since that time.

What are your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

AccelByte scores $60m in SoftBank-led Series B funding

Next Post

Australian fintech Peppermint gets e-wallet license in the Philippines

Related Posts

Allinfra
Featured

Nomura leads $6m Series A in climate tech startup Allinfra

May 25, 2022
ADDX
Featured

Private market exchange ADDX raises $58m in pre-Series B funding

May 24, 2022
Pebble
Featured

Fintech startup Pebble raises $6.2m, to launch app in SE Asia

May 24, 2022
anycover
Featured

SG insurtech startup anycover nets $450k, eyes expansion into Malaysia, Indonesia

May 20, 2022
Grab
Featured

Grab reports 6% revenue rise in Q1 2022

May 19, 2022
Antler
Featured

Venture investor Antler commits $100m to over 300 startups in SE Asia in 4 years

May 19, 2022
Next Post
Peppermint

Australian fintech Peppermint gets e-wallet license in the Philippines

Discussion about this post

No Result
View All Result

FREE NEWSLETTER

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo