Masquerade Technologies Inc., a developer of an app to add live filters for video chat, has been acquired by Facebook (FB).
The amount of the deal was not disclosed.
Led by Eugene Nevgen, CEO, and Sergey Gonchar, CTO, Masquerade allows people to record video selfie animations, change the way they look and send it to friends via social networks.
While to integrating the technology with Facebook, the app will run for current users, who can continue to record selfies and keep using the product.
In the meantime, new features will be added.
The company had two investors Yuri Gurski and Gagarin Capital.
FinSMEs
11/03/2016