Canadian Startup Cinemagram Raises $8.5 Million, Relocates to Silicon Valley

Posted by Rob Lewis

Montreal-based Cinemagram has raised an $8.5 million Series A round.

The Cinemagram app can turn your iPhone photos into animated GIFs in a matter of seconds.

The Canadian startup raised money from Menlo Ventures, Khosla Ventures, and Real Ventures, among others.

Following the funding, Cinemagram will relocate to Silicon Valley. Earlier this year, Real Ventures' JS Cournoyer suggested that the startup could be the next Instagram, which Facebook acquired this year for more than $1 billion.

Cinemagram previously raised $1 million in bridge funding over the summer. Menlo Ventures' Shervin Pishevar will join the startup's board of directors.

Cinegram has added a staggering 100,000 new users per day during the past couple months, according to cofounder Temo Chalasani in AllThingsD.

Company:
Real Ventures
Website:
http://www.realventures.com
Location:
Montréal, Québec, Canada

We look for inspiring entrepreneurs who exhibit unique insight and appreciation of their target market and industry. You can be first time or seasoned. If you have passion, vision and a big opportunity we want to work with you. We’ve had our successes and failures, so we should know what you’re going through and so we look for entrepreneurs who want our input and are open to this collaborative approach. We look to... more

Company:
Cinemagram
Website:
http://cinemagr.am
Location:
Montréal, Québec, Canada

Cinemagram is a social network where people share short real life animations called cines. It's ridiculously easy to use. Simply record a short video, pick the area you want to animate with your finger, and make it look beautiful with one of our filters. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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