Along with mobile, social and local, mobile photo sharing has reportedly caught the attention of inquiring investors and acquiring tech giants. "A flurry of new start-ups is focused on mobile
photo-sharing, some of which plan to make money from local advertising," according to
The New York Times.
Apps to
watch include Instagram, Hipstamatic, DailyBooth and PicPlz.
In particular, PicPiz maker Mixed Media Labs, the company that makes PicPlz is expected to announce having raised $5 million
from Andreessen Horowitz, today. PicPlz offers an Android and iPhone app and a Web site where others can view photo streams from a particular user or location, so, as The Times notes, "it is like a
visual version of Twitter." Users can also send their pics directly to Facebook, Twitter or Foursquare. As Dalton Caldwell, co-founder and chief executive of Mixed Media, tells The Times: "I think for
the next generation of companies, the application they deliver on the mobile side is way more important than the Web site." Going forward, Caldwell said he's exploring the idea expanding the apps into
mobile networks, based on location or groups of friends.
Read the whole story at The New York Times »