Color raises $41m in green dollar bills from venture capital firms Bain Capital Ventures and Sequoia Capital and debt and equity provider Silicon Valley Bank.
Color, a US-based mobile photo-sharing application from Bill Nguyen, who previously sold music distribution service Lala to computer company Apple, has raised $41m before launching its service.
The money has come from venture capital firms Bain Capital Ventures and Sequoia Capital and debt and equity provider Silicon Valley Bank.
A patent-pending technology, Multi-lens, from Color identifies nearby smartphones using proximity algorithms. Every photo, video, and text captured by each smartphone through Color, therefore, is instantly shared with surrounding…
