Picplz Raises $5 Million

By Amit Chowdhry ● Nov 11, 2010

Picplz is a social photo sharing service that was founded by Imeem founders Dalton Caldwell and Bryan Berg. Picplz has raised $5 million in funding from Andreessen Horowitz. Marc Andreessen will be joining the company board of directors as a result of the funding.

Pictures taken from the Picplz mobile application is automatically tagged with your location and can be posted directly to Facebook and Twitter. You can check in to Foursquare when you take a Picplz picture as well.

Picplz started up as an Android application initially and then it launched an iPhone version this past August. Picplz saw about 100,000 downloads between the two platforms. The new round of funding will be used to further develop a product and monetization platform.

[Source: TechCrunch]