The Latest in IT Security

Once-hot ‘Instagram for video’ app Viddy sells for a fraction of its former value

16
Jan
2014

The makers of Viddy, a once fast-growing app for recording and sharing short videos, sold their company today for a reported fraction of their former valuation. Fullscreen, which offers tools and advertising services to makers of YouTube videos, scooped up Viddy — which rebranded last year as Supernova — for around $15 million, according to Re/code. And while Viddy lives on in app stores, its dream of becoming videos answer to Instagram appears to be dead and buried. Investors included Twitter co-founder Biz Stone, Shakira, and Jay-Zs Roc Nation, and Viddy attracted celebrity users including Justin Bieber, Snoop Dogg, and T-Pain.

Comments are closed.

Categories

WEDNESDAY, JANUARY 27, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments