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Cooliris Gets A Cool $9.6 Mil

Multimedia browser plugin Cooliris has secured $9.6 million in Series C financing from Kleiner Perkins Caufield & Byers, along with Deutsche Telekom's T-Venture, The Westly Group and DAG Ventures. The company, which presents online photos and videos in a more visually stimulating style, has now raised $27.6 million in funding. "Not surprisingly, the company plans on using the new financing to further strategic partnerships and product innovation," reports TechCrunch.

Not wasting any time, Cooliris is releasing the latest version of its LiveShare group photo-sharing app, which lets users find and share content with their Facebook friends through the creation of shared group photo streams. According to TechCrunch, "What makes LiveShare 1.2 different is that users can now organize photos by event and adjust share levels." What's more, LiveShare users can also filter photos by popularity, time, category and GPS location.

Read the whole story at Tech Crunch »

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