Gamma

Gamma acquired design startup Lica to create multimodal and interactive communication tools

Gamma, an AI-powered presentation platform, has acquired Accel-backed design startup Lica to bolster its research efforts in creating multimodal and interactive communication tools. This strategic move aligns with Gamma's vision of revolutionizing visual communication and expanding its capabilities beyond presentations. Gamma had previously achieved significant milestones, including raising $68M at a $2.1B valuation and surpassing $100M ARR. The acquisition of Lica, which focuses on AI-based video and design, will allow Gamma to strengthen its frontier research, enhance personalization of communication styles, and develop innovative tools for creating dynamic and customized presentations. The collaboration capitalizes on both companies’ complementary strengths and shared vision for evolving communication formats.

Raised $68M at $2.1B