TweetPhoto Raises $2.6 Million In Series A
TweetPhoto, a competitor of TwitPic and a company that encourages you to share pictures over Twitter has raised $2.6 million in Series A. The lead investor was Canaan Partners. Additional investment was provided by Anthem Venture Partners, Qualcomm, Tim Kelly, Frank Asaro, Shane Brisbane, and Jack Corrao.
TweetPhoto accounts can be connected to Facebook, LinkedIn, Twitter, and Foursquare. The photos and other media shared on TweetPhoto can be geo-tagged and there are customizable widgets available. TweetPhoto has about 15 million monthly unique visitors, serves 40 million API requests per day, and is seeing 250 million images uploaded per month.
The funding will be used to enhance the core offering, build a platform of open APIs, and develop some mobile SDKs. [TechCrunch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry