DailyBooth Raises $1 Million For Photo Social Network
DailyBooth, a nine-month-old social network that lets users share photos in real-time, has raised $1 million in a round of funding from a group of big name investors and VC firms, according to the WSJ. Investors include VC firm Sequoia Capital, tech investor and incubator Betaworks, Digg co-founder Kevin Rose, angel investor Ron Conway, and Flickr co-founder Caterina Fake.
The site lets users share photos and track those that others upload in real-time. (A typical entry: A snapshot of someone looking at a webcam, with the accompanying statement, ‘can you tell i feel like crap?’) Co-founder Jon Wheatley tells the WSJ that the startup is currently focused on scaling its business—although it also has plans for premium offerings and other features, including photo-printing. The company claims six million unique visitors a month (Compete figures put traffic at just a fraction of that).
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Nanopublishing, Photo Sharing
