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In a world where visuals reign supreme, PhotoRoom, the AI-powered photo editing app, is making waves and gearing up for a major funding round that could redefine the way we enhance our images. With a user base that has skyrocketed in the past year, estimated funding of $50-60 million, and a staggering valuation ranging from $500 million to $600 million, PhotoRoom’s story is a testament to the power of simplicity and AI-driven innovation. Join us as we delve into the secrets behind PhotoRoom’s explosive growth and explore the potential impact of this burgeoning giant in the AI photo editing revolution.

InVision to End Design Collaboration Services by 2024

  1. InVision’s Shutdown Plan: InVision, a UX design company, will discontinue its design collaboration services by the end of 2024, with CEO Michael Shenkman ensuring users of no immediate changes in the coming months.
  2. Market Stagnation and Speculations: Users and industry observers speculate that InVision’s decline resulted from a failure to evolve its products despite once dominating the market, while competitors like Adobe explored acquisitions.
  3. Integration with Miro: InVision’s visual collaboration tool, Freehand, was acquired by Miro in 2023, with plans to integrate some Freehand elements into Miro and offer migration services for a smooth transition, encouraging users to retrieve their work before the impending shutdown.

InVision, a prominent UX design company, has announced its decision to discontinue its design collaboration services by the end of 2024. CEO Michael Shenkman shared this news via a blog post, assuring users that there will be no immediate changes to the service in the coming months. The company aims to provide ample notice to its users, recognizing that the termination of its services will impact their creative processes and workflows. InVision’s sales team will assist Enterprise customers with the transition, while self-serve customers can continue to use the service until the end of 2024, albeit with a shift to monthly billing.

Some users on platforms like Reddit and Hacker News speculated on the reasons behind InVision’s decline. While the company initially dominated the market and was valued at nearly $2 billion, it failed to evolve its products, leading to stagnation. InVision’s rapid fundraising and potential acquisition hopes by competitors like Adobe did not materialize. Instead, Adobe attempted to acquire InVision’s rival, Figma.

InVision’s visual collaboration product, Freehand, was acquired by Miro in 2023. The current version of Freehand is set to wind down, but elements will be integrated into Miro, and Freehand users will have access to Miro at no extra cost. InVision users are advised to begin retrieving their work and closing their accounts as all account assets are expected to be deleted after the company’s shutdown at the end of the year.

PhotoRoom’s AI Magic Captures Investors

One-Click Wonder: PhotoRoom’s AI Editing Scores Millions

  • Booming Growth: PhotoRoom’s user base has exploded, attracting a fresh round of funding estimated at $50-60 million.
  • AI-Powered Simplicity: Powerful one-click edits like background removal and sky replacement resonate with social media lovers and small businesses.
  • Big Valuation, Bigger Future: Estimated at $500-600 million, PhotoRoom is poised to lead the AI photo editing revolution.

PhotoRoom, the AI-powered photo editing app, is gearing up for a major funding round. Sources close to the company reveal plans to raise between $50 million and $60 million from investors. This hefty cash injection comes on the heels of explosive growth, with PhotoRoom’s user base reportedly skyrocketing over the past year. The fresh capital will fuel further expansion, targeting global markets and potentially venturing into new product lines.

PhotoRoom’s secret sauce lies in its user-friendly interface and powerful AI algorithms. The app boasts an array of automated editing tools, allowing users to remove backgrounds, change skies, and enhance photos with a single click. This accessibility has resonated with a broad audience, particularly social media enthusiasts and small businesses seeking an edge in online presentation.

The upcoming funding round underscores the boom in AI-powered photo editing tools. PhotoRoom’s impressive valuation, estimated at between $500 million and $600 million, reflects investor confidence in the market’s potential. With significant resources at its disposal, PhotoRoom is poised to become a major player in the burgeoning space, transforming how people edit and share their visual content.

Koto Scores Big with Call of Duty’s Dynamic Masterbrand Identity

  • Hitmaker typeface: A custom-designed font embodying the franchise’s essence.
  • Unified visual language: Creates a consistent brand experience across Call of Duty titles.
  • Evolution, not erasure: Respects individual sub-series identities while fostering brand unity.

A bold new era has dawned for Call of Duty, courtesy of London-based branding agency Koto. They’ve crafted a fresh masterbrand identity for the iconic franchise, aiming to unite its diverse sub-series under one dynamic banner.

This reimagining isn’t about erasing the past, but rather building upon it. The core of the new identity lies in “Hitmaker,” a bespoke typeface inspired by the games’ military heritage and adrenaline-pumping action. It exudes precision, power, and a relentless forward momentum, perfectly capturing the essence of Call of Duty.

Beyond the logo, a cohesive visual language binds the entire franchise. Consistent color palettes, patterns, and textures create a unified brand experience across different titles and media. This clever approach strengthens the Call of Duty identity while giving each sub-series room to retain its own distinct personality. The result is a masterbrand that feels both powerful and diverse, poised to lead the gaming industry into the future while staying true to its devoted fanbase.