TechCrunch March 3, 2014
Stock image and video service Shutterstock today announced that it has acquired WebDAM, a provider of web-based digital asset management software. The financial details of the transaction were not disclosed. WebDAM was founded in 2005 and never took any outside funding.
The service offers a number of solutions for marketing and creative teams to organize, distribute and collaborate around digital assets. WebDAM allows these teams to work with images and videos (the core of Shutterstock’s business), but also other kinds of documents. Its customers include a wide variety of major companies, including the likes of salesforce.com, Intel, Symantec, GE, Kawasaki, Alaska Airlines and many others.