Instagram Stock
Photo-sharing application
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About Instagram Stock
Instagram was acquired by Facebook in early 2012 for approximately $1 billion in cash and company stock.
Instagram is a free photo sharing application that enables its users to take photos, apply filters, and share them on social networks such as Facebook, Twitter, Foursquare, Tumblr, Flickr, and Posterous. It allows its users to capture and customize their photos and videos with several custom-built filter effects.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Benchmark Capital
Uber, WeWork, Snap, Twitter, Domo, Nextdoor, One Medical, Prosper Marketplace, Minted, Asana
Baseline Ventures
SoFi, Machine Zone, PagerDuty, CircleCI, Pantheon, Good Eggs, AltSchool, Shape Security, TrustArc, Instagram
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Convoy, Blend, Rubrik, Domo
Funding History
March 2010 | $500K |
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February 2011 | $7.0M |
April 2012 | $50.0M |
Management
Cofounder
Kevin Systrom
Cofounder
Mike Krieger