With Facebook and Google, two mobile powerhouses, investing in photo editing technology, and last week's announcement of the iPhone with its new 8-megapixel camera, the market for mobile photo apps doesn't seem to be slowing down anytime soon.
Mobile video sharing app Viddy has closed a Series B financing round totaling $30 million. New Enterprise Associates, Goldman Sachs, Khosla Ventures and Battery Ventures led the new round, Viddy CEO
Mobile video sharing app Viddy is adding a million new users each day, with total downloads topping 26 million since the service launched in April 2011, The Wall Street Journal reports.
Mobile video sharing startup Viddy is raising a Series B round of $30 million at a $370 million valuation, TechCrunch reports.
Viddy lets users take video clips complete with visual effects,
Mobile video sharing application Viddy has been removed from Apple's ( NASDAQ:AAPL ) App Store due to concerns over adult-themed content uploaded by users. A Viddy spokesperson confirmed the removal to