Berytech Fund, the Beirut-based seed capital fund, just announced a new investment in Dermandar, a Lebanon based technology startup focused on online digital image processing; acquiring a 35% stake of the company through the deal.
Dermandar (Arabic for all around), is a company that has developed online software that automatically creates panoramic pictures in a fast and simple way.
It enables users to take photos with any normal camera, create a panorama out of them using their online tool really quickly and then share it with the world. Basically what the tool does is it takes the photos the user took, looks at the edges of the photos for matching parts and then uses those to stitch the photos together into a bigger panoramic image.