Tuesday, February 26, 2008

Tiny Pictures--the leading service for real-time sharing of cameraphone pictures and videos between friends got $7.2 million in Series B funding

What Company Is Offering:
Tiny Pictures, Inc. is the company that brings you Radar, the leading service for real-time sharing of cameraphone pictures and videos between friends. Radar can be accessed from PC browsers, mobile phone browsers, and through a series of applications for mobile devices.

How Much They Got From VCs:
They got $7.2 million in Series B funding. The investment was led by Draper Fisher Jurvetson, and included Series A investors Mohr Davidow Ventures.

Tiny Pictures had previously raised $4 million in first round financing, which includes a seed round with angel investors Reid Hoffman and Joichi Ito. This second round will allow the company to focus on international growth opportunities, as well as the further development of its recently launched ad platform.

About VCs:
Draper Fisher Jurvetson is a leader in start-up venture capital, having invested in over 150 high-tech companies. In the majority of cases, they are the lead investor for a company's first round of financing. The firm focuses on information technology businesses with enormous market potential, and helps entrepreneurs achieve their maximum potential through team building, partnerships, advice and support, as well as investments. By pursuing a people-focused approach to venture capital investing, Draper Fisher Jurvetson continues to fund entrepreneurs with the energy, vision, experience and desire to build great companies.

More at:http://www.tinypictures.us or http://radar.net.

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