PICT Acquired By PopSugar

PICT, the San Francisco startup developing tools to make it easier for companies to insert information into photos being shared on social sites like Facebook, has been acquired by PopSugar. Financial terms of the buy were not disclosed. PICT is venture backed by Forerunner Ventures, Lowercase Capital, Opus Capital, Angelpad, 500 Startups, Gary Vaynerchuk, Scott Belsky, Steven Alan, Seth Berman, and other angels, and was once known as Dropt.