Well that was fast. Almost as fast as an animated gif. Regardless of how you pronounce it. Nutmeg, an alum of PIE class of 2014, has been acquired by the leading presence in animated gifs, Giphy, which had recently raised $17 million. This marks the first PIE accelerator alum to be acquired. To date, only members of the PIE coworking space had been acquired—with Geoloqi, Glider, and Paleo Plan, and Simple being the most prominent acquisitions. Read More
Acquired in a jiffy: Animated gif app Nutmeg acquired by Giphy
