Developer Bill Nguyen (Bill Nguyen), 2009, for 80 million dollars sold Apple’s music service Lala, having worked there for about a year later, has created a social network for mobile devices running iOS and Android operating systems.
Service was named Color. It is designed for sharing photos, videos and text messages, all published materials are public. Web service works on the principle of geolo. services, all users automatically detects Color in the vicinity.
According to the creators, this application implements an interesting way to get in public places. “There is no other program that used to be people in this way, as does the Color. This online social network, “said Douglas Leone (Douglas Leone) of Sequoia Capital’s investment fund, which took part in financing the project jointly with the funds Brain Capital Ventures and Silicon Valley Bank. The company set aside $ 41 million.
[iTunes]