Fotolia Takes A Massive $50 To $100 Million Round From TA Associates
Microstock photography site Fotolia has taken its first outside round of investment since it was founded in 2005 and it is a doozy. The company isn’t talking about it, but an exceptionally good source with knowledge of the deal confirms that private equity firm TA Associates has invested between $50 million and $100 million in Fotolia. In comparison, rival iStockPhoto was acquired for $50 million by Getty Images three years ago. There are some rumors going around in venture circles that Fotolia got sold outright for $…
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