Benson Oak Capital leads $7.3m Slidely funding round


photo-filmsq_lrgBuyout and growth equity firm Benson Oak Capital has led a $7.3m financing round for Israeli web slideshow business Slidely.

The company said the recently closed round was part of a wider funding campaign, adding that it had already initiated a B1 round to deepen and expand its mobile presence.

It also revealed it had surpassed 40 million unique users for its photo sharing platform.

CEO Tom More said, “Slidely as a platform thrives on the energy and contributions of its highly engaged community of users.

“They are the lifeblood of the company and all of the work we do is to provide them with the best platform possible to express themselves and share the significant moments in their lives via a incredibly visual and dynamic platform.

“We are also incredibly proud to announce that we have recently emerged as the number one, online slideshow platform driven by high engagement by our users.”

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