Friday, December 21, 2012

Whoa, Behance Sold For A Whopping $150 Million!

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Earlier today, news circulated that another New York startup had been acquired.

Behance, a community for designers and artists that hosts portfolios, was bought by Adobe.

The sale price wasn't listed, but Om Malik's sources say Adobe spent more than $100 million on Behance.

One source pegged the price "closer to $150 million."

That's a huge win for co-founders Scott Belsky and Matias Corea, who bootstrapped the startup for its first five years. They raised $6.5 million earlier this year, and there's no doubt the investors involved are thrilled.

Posted via email from Create | Inspire - DM2 Studios

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