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VSCO acquires video editing startup Rylo, which had raised ~$38M, reached a valuation of ~$120.25M, and was backed by Sequoia Capital, among others

The photo-sharing app behind the 2019 meme craze “VSCO girls” has acquired Rylo, a video editing startup founded by the original developer of Instagram's Hyperlapse.

TechCrunch Kate Clark

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  • @kateclarktweets Kate Clark on x
    @rylo_inc Rylo will no longer manufacture its 360° camera, focusing exclusively on software moving forward. https://techcrunch.com/...
  • @kateclarktweets Kate Clark on x
    VSCO acquires @rylo_inc for an undisclosed sum. Rylo was last valued at ~$120M. https://techcrunch.com/...