Meme editor Kapwing grows 10X, raises $11M

INSUBCONTINENT EXCLUSIVE:
The free web and mobile tool is built for everyone, not just designers
No software download or tutorials to slog through
Just efficient creativity.In a year since coming out of stealth with 100,000 users, Kapwing has grown 10X, to more than 1 million
Now it going pro, building out its $20/month collaboration tools for social media managers and scrappy teams
to capitalize on the meme and mobile content business, CRV has just led an $11 million Series A round for Kapwing
Xoogler Syndicate
company with fellow Googler Eric Lu
Netflix and Spotify
why in addition to plenty of templates for employing the latest trending memes, Kapwing now helps Pro subscribers with permanent hosting,
saving throughout the creation process and re-editing after export
Eventually it plans to sell enterprise licenses to let whole companies use Kapwing.Copycats are trying to chip away at its business, but
Kapwing will use its new funding to keep up a breakneck pace of development
nowadays
It could refer to a compilation like the political singalong videos, animations like Shooting Star memes or a change in music like the AOC
Kapwing empowers anyone to storytell and entertain, whether out of whimsy or professional necessity
usurped by the tools of the people.