Powered by

Genies raises $10 million to take on Bitmojis

Nov 20, 2018 - L.A. Biz

Genies Inc. is issuing a challenge to Snap Inc.'s Bitmojis with the launch of its new chat app, which enables users to create detailed cartoon avatars of themselves and then interact with friends aided by artificial intelligence.

The Los Angeles startup announced that it has raised an additional $10 million in a second round of funding, bringing its total raise to $25 million.

Investors range from venture capital firms such as NEA, Foundation Capital and Trinity Ventures to entrepren...