Last year I saw an amazing demonstration. Psykopaint was a web app, but no ordinary web app. This was an incredible photo-editing site which allowed users to turn their photos into "painted" works of art in the style of the masters such as Monet, Renoir or Van Gogh. It was showcased at the European accelerator Seedcamp, where Balderton Capital and Atlas Venture are investors. And sure enough, today Psykosoft, the company behind Psykopaint, inks a $500,000 seed funding round co-led by Balderton Capital and Atlas Venture. Angel investors from Harmonix (developers of Guitar Hero) and Brightcove also participated.

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