Tiugo Technologies (a PSG portfolio company offering a collection of strong developer tools and solutions in the content creation and digital collaboration markets) has announced the acquisition of Uploadcare. This is Tiugo Technologies’ fourth acquisition, with Uploadcare joining TinyMCE, CKEditor, and Butter.
Launched in 2011 by tech enthusiasts experienced in web development and image processing, Uploadcare is a file management provider and content delivery network (CDN) solution for software developers. Financial terms of the deal were not disclosed.
Based in Vancouver, CA, the Uploadcare platform includes AI-powered, smart storage solutions that help enable object recognition and malicious content detection, URL API for image optimization and document and video conversions, file uploader and image editor widget and an enterprise-grade CDN for managing efficient content delivery. And Uploadcare has been trusted by innovative companies across the globe, including L’oreal, Mozilla, Stackshare, Prezly and more.
Tiugo Technologies is a PSG portfolio company that utilizes PSG’s extensive investment and operating experience to build a company of some of the leading developer platform brands. And additional acquisitions bolstering Tiugo Technologies’ roster of brands are being explored in 2024.
KEY QUOTES:
“We’re honored to welcome Uploadcare into our suite of innovative platforms as its enterprise-grade file management platform and CDN aligns with our unwavering commitment to help provide developers with market-leading, collaborative solutions. We believe this marks a turning point in our journey to shape the future of technology and empower content creators worldwide.”
– Mark Hatton, PSG Senior Advisor and CEO of Tiugo Technologies
“We built Uploadcare with a single objective in mind – to make it simple and easy for software developers to manage files for their projects. Our product ecosystem helps address this need, and through continued innovation, we’re committed to help provide our diverse, digital-forward customer-base with the solutions they require. We’re eager to continue to serve our customers in even more powerful ways in collaboration with Tiugo and with the support of PSG.”
– Igor Debatur, CEO of Uploadcare
“The acquisition of Uploadcare adds another strong developer platform to Tiugo’s growing family of developer tools. We’re excited to support Tiugo Technologies as it offers an expanding collection of solutions that help empower developers and product managers to accelerate digital transformation.”
– Paul Russ, Principal at PSG
