Prisma Labs, the Russian company which made the news in 2016 with an art filter app based inspired by neural networks, has just secured $6 million.
The round was led by Haxus, the fund of Belarusian investor Yuri Gursky, which already invested in the company at the seed stage in 2016 – along with Mail.Ru Group, Gagarin Capital and XBT Holding.
Prisma will use the fresh funding to develop new products and scale up its business. The company intends to launch premium subscription offers, reports TechCrunch, providing users with an access to additional styles.
Prisma’s core feature was rapidly and widely copied — including by Facebook. Last year Prisma released Lensa, a freemium selfie retouching app, but the founder Alexey Moiseenkov left the company. Andrey Usoltsev became CEO.
Now registered in San Francisco, the company presents itself as “a mobile technology company specializing in deep learning-related products.” It aims “to move forward mobile photography and video creation to the next level using neural networks, deep learning and computer vision technics,” providing people with “new ways to express their emotions through the camera.”
