Tiny Pictures nets $7.2 million investment
Mobile photo and video company site Tiny Pictures has announced it’s got itself on the business end of $7.2 million in financing. The investment round was headed by Draper Fisher Jurvetson and Mohr Davidow Ventures and will see the company to “focus on international growth opportunities, as well as the further development of its recently launched ad platform”.
Tiny Pictures runs the sharing service Radar, which it claims is the biggest service of its kind with 15 million snaps uploaded every month. The company also offers sponsored content in its Radar Gallery, including film and music promotion, alongside the user generated stuff. Nice work.
I follow mobile media trends rather incessantly, and I have to say that I never liked radar, not in the least. It is (at the very least) better by degrees than the late textamerica. It isn’t nearly as good as fonefresh, but that’s all but gone now due (I’d wager) to a lack of marketing. apparently, its creators are creating an app 24hourme for social networking sites that sounded promising, but is yet to materialize. moblog.co.uk is ok, but who needs another blog and who isn’t tired of that whole blog experience? snapmylife is just too basic, which is why they have no users.
So I’d guess that as far as what’s left out there, it’s the best of a bad lot. hopefully, the 24hourme guys get it right.
Posted by Jackson P. on April 7th, 2008 at 1:55 pm.