IDCEE 2013 CEE
Success Stories Panel: Depositphotos
Rising tech stars from the East: what makes them shine? Elena Flanagan-Eister, CEO at Depositphotos, shared the success story of her company. Depositphotos is the most fast-growing photo stock in the world. It was created in 2009. Now it has about 130 employees, the main office is in New York, but developers are in Kiev, says Elena. "This is a huge online place where you can sell illustration. We sell a digital image to designers, agents worldwide. If you are a photographer, you load a photo. If the designer wants to buy your picture, he buys it, we pay royalties to photographer and take the percentage to ourselves as a platform", - she explained. Elena also noted that the Depositphotos library now has 7,17 million digital images. She added that the company wanted to be an innovator."We created a new application for smart phones in order to enable users to sell the image that they make using smartphones". According to her, in close future people will stop using digital SLR camera.