Picsart, a SoftBank Group Corp.-backed photo-editing startup, plans to open a U.S. headquarters in Miami Beach, the latest technology firm to establish a foothold in South Florida.
Picsart also has offices in London, New York, Bangalore, Toronto and Glasgow, as well a Berlin office coming next month, according to an emailed statement from the company. Picsart was valued at over $1 billion in its latest fund-raising effort in August, which was led by Softbank Vision Fund 2.
