Friday, July 19, 2013

EyeEm, Europe's Instagram, Picks Up $6M To Build Out Its Visual Search Engine And Crowdsourced Stock Photo Service

EyeEmEyeEm, the free Berlin-based iOS, Android and Windows Phone photo app that has at times been referred to as the "Instagram of Europe," is today announcing that it has raised a $6 million Series A round led by Earlybird Venture Capital, with participation from existing investors including Passion Capital and Wellington Partners. At a time when startups are increasingly focused on making sure they have business models from the word go, EyeEm is doing the same: Florian Meissner, co-founder and CEO, says the funds will be used to keep building out its business around two services that it set out to create early on: a visual search engine, and the EyeEm Marketplace, a kind of crowdsourced platform for stock photography.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/bCE1N5nYhE4/

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