Denver, CO — November 2023 — ShowLabs, a revolutionary visual commerce solution, today announced that it has completed its acquisition of XSpace, industry experts in automating editing, retouching and post production processing for digital product assets including photography, video, 360°, 3D assets. The acquisition of XSpace is a significant step forward in ShowLab’s ongoing efforts to build an industry-changing visual content platform.
The acquisition completion, a key milestone following ShowLab’s recent $3.2M series seed funding round, will give the company an advantage in how it integrates AI and generative content within the core functionality of the software platform currently in development.
XSpace has spent years developing techniques used to train proprietary neural networks and ML models to conduct advanced creative editing and processing functions across millions of digital assets. These and other proprietary technologies have been tested and are currently being used to power workflows for current ShowLabs’ clients.
“The completion of our acquisition of XSpace is another exciting milestone for us,” said Danny Effron, CEO and founder of ShowLabs. “We will continue along our ambitious journey to enhance and energize our customers’ content needs. We’re now better positioned to support our customers, not only with higher quality visual content but also by further improving critical production workflow steps and bottlenecks with scalable automation. Our aim is always to provide our customers with ongoing innovation and the completion of this acquisition ensures this.”
With the transaction closed, XSpace’s two founders — Isaac Dallas and Jacob Dallas — will join ShowLabs’ growing product team under Andy Trimble, Head of Software Engineering, to help further accelerate bringing its software platform to market in Q3 2024.
“As we unite with ShowLabs, the future is full of promise. The combination of ShowLabs’ visionary platform with the innovative automation technologies developed at XSpace, sets us forth on a mission to redefine visual commerce,” said Isaac Dallas, co-founder of XSpace. “Our shared goal to speed up the integration of AI and generative content into mainstream content production workflows is not just a step towards better service delivery, but a stride towards shaping a dynamic digital content landscape.”
Founded in April 2021, ShowLabs is a revolutionary visual commerce solution, providing brands with both an innovative visual content studio, capable of producing high-quality visual assets at neck-breaking speeds, and an AI-powered software platform, capable of manipulating, managing and distributing those assets across the entire digital and virtual ecommerce ecosystem. ShowLabs’ solutions solve the content production bottlenecks most brands face within their digital asset supply chains. Customers benefit from increased productivity, high volume asset creation, a full-spectrum of innovative content types, and deployment productivity and insights. Based in Denver, Colorado, ShowLabs supports customers worldwide. Learn more at https://showlabs.com.