Cooliris, the Palo Alto, California-based developer of LiveShare, a hyper-personal way to communicate with friends across mobile and web through live, shared group photo streams, has raised $9.6m in Series C funding.Investors include existing backers including Kleiner Perkins Caufield & Byers, T-Venture, DAG Ventures, and The Westly Group.
Cooliris intends to use the funds to further scale its monetizable user base and revenues.
The company also announced the launch of LiveShare 1.2, which allows users to create photo streams and invite friends who would be interested in sharing or viewing the photos with them. It is now available free on iPhone, Android, and Windows Phone 7, as well as at www.liveshare.com.
Led by Co-Founder and CEO Soujanya Bhumkar, Cooliris has offices in Tokyo and Singapore.
FinSMEs
14/02/2011