Jump to content

  •  

Instagram/TikTok competitor Lapse raises $30M to develop ‘analog photography’ app


Recommended Posts

lapseapp.png

Image: Lapse

 

Lapse, an innovative app that transforms your smartphone into an old-school camera, has recently secured a whopping $30 million in funding. This significant investment underscores the growing interest in fresh social media platforms, despite the stiff competition from giants like Instagram and TikTok.

 

Lapse offers a unique experience, reminiscent of the charm and simplicity of analog photography. Users capture photos that they must wait to see “developed,” with no opportunity for editing or retaking. This approach has resonated with millions of users, with the app boasting a consistent top-10 ranking in the U.S. app store for photographic apps.

 

The funding round was co-led by Greylock and DST Global Partners, both renowned for their early backing of successful consumer apps like Facebook, Instagram, TikTok, and LinkedIn. This investment brings Lapse’s total funding to over $42 million, pushing its valuation to around $150 million.

 

With this new influx of capital, Lapse plans to enhance the photo experience with more features and eventually expand into video. Interestingly, the company is exploring alternative monetization strategies, steering clear of the typical advertising route most social apps take.

 

As Lapse continues to grow and evolve, one can’t help but wonder: Will this old-school approach to photography disrupt the social media landscape? And how will this impact the way we share and consume content online? We’d love to hear your thoughts on this. Do you think Lapse’s unique approach could redefine social media norms?

 

 

Read more:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.





×
×
  • Create New...
The Creative Network

DesignTAXI

The Creative Finder

The Bazaar

Trendingger (BETA)

Community Resources

Become a member

  • Sign up for free
  • Pro/Business Accounts
  • Log into your account

    Forum Rules & Guidelines

    Terms of Use

    DMCA Copyright Notice

    Privacy Policy

    Cookies

    Contact Us

    Advertise with us

  • Express self-serve ads
  • Other advertising inquiries
  • Popular Categories

  • Artificial Intelligence (AI)
  • Innovation
  • Accessibility
  • Creative Ad Ideas
  • Climate Change & Sustainability
  • Copyright
  • Humor
  • Inclusivity
  • Travel
  • WTF
  • Creative Disciplines

  • 3D
  • AR / VR
  • Architecture
  • Art
  • Automotive
  • Branding
  • Character Design
  • Comics
  • Fashion Design
  • Furniture Design
  • Graphic Design
  • Illustration
  • Industrial Design
  • Interior Design
  • Logo Design
  • Packaging Design
  • Product Design
  • Street Art
  • Typography
  • UI/UX
  • Video Games