Access Industries’ ClalTech subsidiary has backed a $135m round for Lightricks, pushing the photo and video editing app developer’s valuation to $1bn.

Israel-based content creation tool provider Lightricks collected $135m yesterday in a series C round featuring ClalTech, the local investment subsidiary of diversified conglomerate Access Industries. Investment bank Goldman Sachs led the round through its growth equity arm, Private Capital Investing, while private equity and venture capital firm Insight Partners also contributed. The funding was secured…

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