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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