Thursday, March 24, 2011

Color Raises $41M

Palo Alto-based Color, a developer of iPhone and Android photo and video sharing applications, announced today that it has raised $41M in a funding round. The funding came from Bain Capital Ventures, Sequoia Capital, and Silicon Valley Bank. Doug Leone of Sequoia and Mike Krupka of Bain Capital have joined the firm's board with the funding. Color is headed by Bill Nguyen. More information »