Instagram Has 27 Million Users And Touts Coming Android App

Posted: Mar 12 2012, 3:00pm CDT | by , Updated: Mar 13 2012, 1:02pm CDT, in News | Android

 

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Finally an android app is coming!

The photo sharing application Instagram is doing very well. The company announced today that it had 27 million registered users at the SXSW Interactive Conference in Austin, Texas. Right now, the app is only available for the iPhone.

That will soon change with the company mentioning that the android version of its app is nearly available. Rumors have been circulating that the company is raising $40 million and has a $500 million valuation. “Good companies are always fundraising,” Co-founder Kevin Systrom said. “Whether you’re meeting people or considering firms, you’re always fundraising. But it doesn’t mean we’re active. We’re trying to create a long-term, viable company that doesn’t come and go with fads. It should be something that lasts and creates meaningful value.”

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The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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