Wednesday, March 9, 2011

DailyBooth So Excited About iPad 2 Camera That They Close A $6 Million Venture Round

DailyBooth, a site where (mostly) teens have conversations via text and photos of themselves, has closed its first big round of funding - $6 million - in a round led by Ignition Partners. Previous investor Sequoia Capital and a number of angel investors also participated in the round. Devices like the iPhone 4, with a front facing camera, are particularly DailyBooth-friendly. The new iPad, also with a front facing camera, is just an enthralling to the company. "DailyBooth is positioned to benefit from the growing iPhone, Android and Tablet markets, as the front-facing cameras on these devices are transforming mobile photo publishing," they say.

SATYAM COMPUTER SERVICES SES SHAW COMMUNICATIONS SIEMENS

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