Yahoo Acquires Photograph Startup Cooliris
Photograph app-maker Cooliris simply introduced that it has been acquired by Yahoo.
It’s been an extended street to the acquisition. Cooliris was based again in 2006 and was initially recognized for making a “3D wall” for navigating photographs and different media content material.
It additionally created a platform for cellular advertisements referred to as Adjitsu, which it bought to Singtel’s Amobee division final yr.
Extra lately, the corporate focus shifted to a cellular app (additionally referred to as Cooliris and with an interface harking back to the previous 3D wall) that allowed customers to browse photographs from throughout providers like Fb, Flickr, and Dropbox. The group advised me final yr that it was seeing notably speedy progress in Asia because of partnerships with corporations like Renren, Yandex, and Baidu.
This summer time, Cooliris additionally launched a photograph messaging app referred to as BeamIt.
The corporate has raised a complete of $27.6 million in funding from buyers together with Kleiner Perkins Caufield & Byers, Deutsche Telekom’s T-Enterprise, The Westly Group, and DAG Ventures.
On its web site, the corporate wrote:
Yahoo has a transparent imaginative and prescient and unwavering dedication to creating cellular an intuitive and easy expertise.
This makes Yahoo the right companion for Cooliris, and we’re excited to return collectively to deliver indispensable merchandise to a worldwide viewers.
Beneath CEO Marissa Mayer, Yahoo has certainly talked quite a bit about its give attention to cellular, and simply final month it acquired messaging app MessageMe.
Cooliris’ acquisition announcement doesn’t say something too particular about whether or not Yahoo plans to do something with the prevailing merchandise, or if that is extra of a expertise acquisition — all it says is that Cooliris for Cellular app and BeamIt Messenger will proceed to function “in the meanwhile.”