KO Client Shotzr Acquired by Shutterstock
- KO Firm
- August 10, 2021
Shotzr, Inc., a Denver-based artificial intelligence (AI) advertising startup, has been acquired by stock photography giant Shutterstock. The KO team, led by partner Jennifer Rosenthal, represented Shotzr.
Shotzr uses predictive analysis to help customers select images that resonate with key audiences for social media and other digital campaigns. This acquisition, which included two other AI platforms, also fueled the recent formation of Shutterstock.AI.
“With these three acquisitions, Shutterstock.AI will help our customers globally solve the biggest creative challenge they have — discovering and selecting the right content that is relevant, and that resonates with audiences. We want our customers to create with confidence,” said Shutterstock CEO Stan Pavlovsky in a statement.
In 2019, Shotzr closed a $3 million Series Seed equity financing round, led by Access Venture Partners. Rosenthal and KO attorney Ryan Sykora represented Shotzr in the financing.
Sykora and KO attorney Keenan Weatherford also worked with Rosenthal to represent Shotzr in the Shutterstock acquisition.
Read more about the news on Colorado Inno.