Online image licensing company PicApp raises $3.2M

Picapp is an Israel-based company that offers licensed images to web publishers in exchange for Picapp running advertising on publishers’ sites. The company has raised $3.2 million from Carmel Ventures and angel investor Leon Recanati.

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About the Author,

Eric wrote about digital media for VentureBeat until August 2009. To reach VentureBeat's current writers, email tips@venturebeat.com.

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