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Funds for GumGum.


GumGum Inc., a Santa Monica startup that licenses photos to publishers on the Web, announced earlier this month that it had secured $2.6 million in funding.

GumGum contracts with photographers and photo agencies to track use of their photos on Web sites. The company then helps ensure the owner of the photograph gets a license fee.

Company executives said the new money would be used to develop technology and licensing methods online.

Staff reporter Charles Proctor can be reached at cproctor@ labusinessjournal.com or at (323) 549-5225, ext. 230.

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Title Annotation:TECHNOLOGY
Author:Proctor, Charles
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1U9CA
Date:Jul 27, 2009
Words:90
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