User:Misbahuz/Color Labs
| Company type | Private |
|---|---|
| Headquarters | , USA |
Key people | Bill Nguyen Geoff Ralston Aubrey Johnson Douglas Leone |
Viewing a posted photo in Color | |
| Developer(s) | Color Labs, Inc. |
|---|---|
| Initial release | 1.0.8; March 24, 2010 |
| Operating system | iOS 4.2 or later |
| Size | 7.7 MB |
| Available in | English |
| Type | iOS Photo & Video |
| License | Freeware |
| Website | Official website |
Color is a social application for photos, created by Color Labs, Inc. It allows people take photos in addition to viewing other photos also taken in the vicinity. The application groups photos based on a user's friends so that s/he is more likely to see those that are more relevant.
The application is available for Android and iPhone.
History
[edit]The group started when co-founders Bill Nguyen and Peter Pham received a total of $41 million in funding. Color was named as a tribute to Apple's color logo from the Apple II. Bill Nguyen described the Apple II as having changed his life when he was seven years old.[1] The domain name Color.com was bought in December 2010 for $350,000.[2]
On March 24, 2011, Color launched its application "Color for Facebook" in Apple's App Store.[3] A week after the launch, Color Labs released an update with significant changes to the iOS App interface--allowing users to see photos from events "Nearby", a "Feed" of relevant photos, and a "History" of groups that users can participate in. Words underneath each icon explaining what they did were also added.[4] In June 2011, less than 3 months after the company officially launched, Peter Pham left Color.[5]
When it launched, the application had around 1 million downloads. As of September 2011, the service had a little under 100,000 active users.[4] In June 2011, less than 3 months after the company officially launched, Peter Pham left Color.[5]
Funding
[edit]- In 2010-2011, Color closed $25 million in funding from Sequoia Capital, $ 9 Million from Bain Capital, and $7 million in venture debt from Silicon Valley Bank. [6] In September 2011, Doug Leone revealed that Sequoia Capital only invested three days before the scheduled launch of Color.[7]
Awards
[edit]
References
[edit] | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (December 2011) |
- ^ Nguyen, Bill (Mar 25, 2011). "Why is Color named "Color"?". Quora. Retrieved Dec 14, 2011.
- ^ Alleman, Andrew (Mar 24, 2011). "Sequoia and Bain Capital-Backed Startup Was $350,000 Color.com Buyer". DomainNameWire. Retrieved Dec 15, 2011.
- ^ O'Grady, Jason (Mar 24, 2011). "Color: New social photo app arrives for iOS". Retrieved Dec 11, 2011.
- ^ a b Ha, Anthony (April 1, 2011). "Can Color beat the backlash with an improved interface?". Venture Beat. Retrieved Dec 9, 2011.
- ^ a b Arrington, Michael (Jun 14, 2011). "Troubled Startup Color Loses Cofounder Peter Pham". TechCrunch. Retrieved Dec 10, 2011.
- ^ McMahan, TY (Mar 24, 2011). "Sequoia To Color Labs: Not Since Google Have We Seen This". WSJ. Retrieved Dec 10, 2011.
- ^ Rao, Leena (Sept 18, 2011). "Sequoia's Doug Leone: We Are 'Thrilled' To Be Investors In Color, 'Stay Tuned' For The Pivot". TechCrunch. Retrieved Dec 10, 2011.
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