Cooliris Dilates by $9.6M
Palo Alto, CA-based photo management startup Cooliris said today that it has raised $9.6 million in Series C venture financing from existing investors Kleiner Perkins Caufield & Byers, the T-Venture group of Deutsche Telekom, DAG Ventures, and The Westly Group. The company, known mainly for its desktop browser-based “3D Wall” interface for browsing photos, also released an upgraded version of LiveShare, its private group photo sharing app for the iPhone, Android, and Windows Phone 7 platforms. “With over 35 million downloads of our iconic Cooliris 3D Wall, we’ve established a good beachhead in media browsing, and now with our newest release of LiveShare we are transforming the group media sharing experience,” said Cooliris CEO and co-foundeer Soujanya Bhumkar in a statement. The Cooliris round comes on the heels of similarly-sized financings for competing mobile photo sharing ventures, including Path, Instagram, and PicPlz.