funding

Michael Zhang

Remote Instagram Printer Instaprint Going from Prototype to Product

One year ago we featured a novel new device called Instaprint, a location-based photo booth that lets people create instant prints of Instagram photos by simply tagging them with a specific tag. It constantly scans Instagram for its tag, and when a photo is found the image is immediately printed out as a Zink print. Now Breakfast, the company behind the prototype, is trying to turn it into an actual product. They're trying to raise half a million bucks through Kickstarter and a $400 contribution effectively preorder one.

Michael Zhang

New Photo Sharing App Color Raises a Whopping $41 Million in Funding

The mobile photo sharing space is hot right now, with services like Instagram, Picplz, and Path growing like weeds. A new contender called Color is causing some buzz after successfully raising a whopping $41 million... before even launching. The company has seven notable founders who have either started successful companies in the past (e.g. Lala and BillShrink) or have held executive positions at them (LinkedIn). Among the investors is Sequoia Capital, one of the most influential and successful firms in Silicon Valley and the firm that funded Google. They gave Color more than they gave Google.