Armenian company raises $2.3m to help visual content creators earn passive income – Public Radio of Armenia


Armenian company Wirestock has raised $2.3 million to help visual content creators earn passive income, Tech Times reports.

The company has just raised a series of investments with participation from Vulcan Capital, 2048 Ventures, Graph Ventures, A. Partners, I2BF, S7V and others. A simple service for visual creators, Wirestock will add more monetization channels, API integrations with creative platforms, and the ability to sell NFTs in the near future.

Wirestock is a new platform that helps visual content creators monetize their photos, graphics, and videos in seconds. The platform automates content tagging and gives creators one-stop access to the biggest content marketplaces including Shutterstock, Adobe, Pond5, Alamy, Freepik and more.

Creators simply publish their content with a few clicks and start generating sales in multiple markets through their iron wire Account. The company has helped creators generate over $1 million in sales in 2021 alone and is expected to increase tenfold in 2022.

Talented creators from all over the world are joining the platform with over 5 million files already uploaded. Thousands of them also earn money by generating sales on more than 10 marketplaces; something they never even considered doing before.

“Millions of people are producing commercial content without even realizing it. Wirestock has become very good at finding such creators and helping them sell their visual work online. That’s why for many of them, this is their first experience of making money from their content,” says Mikayel Khachatryan, CEO of Wirestock.

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