Jasper, an Austin, TX-based generative AI app company, acquired Clipdrop, a Paris, France-based provider of an AI image creation and editing platform.
The amount of the deal was not disclosed.
With the acquisition, Jasper will expand its offerings.
Founded in 2020 by Google alumni Cyril Diagne, Damien Henry, and Jonathan Blanchet, Clipdrop enables users to edit existing images, create new ones, and develop an expansive number of variations in size, detail, and style. For marketers and brand leaders, this technology can be a catalyst for accelerating their ad strategies and developing on-brand creative.
Led by Timothy Young, CEO, Jasper is an AI copilot for marketing, which trains on brand and strategy, accelerates content and campaign production, and helps marketers measure and optimize for performance all as part of an end-to-end copilot. Customers include Morningstar, Anthropologie, SentinelONE, ZoomInfo, and more.
Commenting on the news, Timothy Young said: “The addition of Clipdrop to Jasper will advance our vision to be the most comprehensive end-to-end marketing copilot in the industry, powering all the formats, channels, and functions enterprise marketing teams need. A copilot this robust will enable the enterprises we serve to go beyond simple AI prompts to achieve more personalized marketing, better informed automation, and improved optimization across their entire strategy.”
FinSMEs
26/02/2024