Lobster, a London, UK-based marketplace for social media photos and videos, raised £1m in Series A funding.
Backers included KL10CH, Nikolay Katorzhnov, and other unnamed investors.
The company intends to use the funds to expand marketing efforts and grow beyond UK.
Led by CEO Olga Egorsheva, Lobster is a marketplace enabling creative professionals to connect with real people, to find and license their social content coming from Instagram, Flickr and other platforms.
Images with a story beyond photo stock, with full royalty-free license on Lobster at $0.99-2.99 with 75% of the price immediately sent to the user.
The company’s team also include Andrey Dmitriev, Product/QA Director, and Maria Iontseva, UX Director and Co-founder.