Flayvr Working on Fundraising

flayvr-logoFlayvr came before Apple started organizing your photos into “moments.” The start-up, based in Tel Aviv was formed to organize our every growing collection of pictures. It works by automatically organizing photos and videos from your smart phone into albums that you can then share easily with family and friends and those on your social networks. The company has plans to grow and therefore has conducted a large fundraising campaign that has earned them $2 million to keep expanding. Right now about 2 million smartphone users use the app and that number is expected to grow with the new funding. The money came from a variety of sources including regional investors like Kaedan Capital, Moshe Lichtman, Aviv Venture Capital, iAngels, and angel investors Rafi Gidron, Zohar Gilon, Yariv Gilat, and Partam Hightech. Before this big campaign, Flayvr raised $450,000 from Israeli angel investors.

The app is available for iOS and Android and has lived longer than some of the similar competition in the photo organizing app business. The competition includes organizational tools like Everpix, Snapjoy, Batch, and Flock. Once Flayvr is installed on your phone it effectively takes over as your photo gallery to view and browse the pictures you have taken. To organize the photos it analyzes the context of each picture from data from social, behavioral, user-generated, geolocation, computer vision, and time-based clues. Once Flayvr has organized the pictures its easy to upload to Facebook, Twitter, WhatsApp, Google+, email, or iMessage. Other features of the app include a slow fade in/out of pictures to see many photos in an album quickly, without having to scroll through.

With the newly fundraised money, the company would like to double its team from 5 to 10 and expand more in the United States. Eventually, they would like to have most of their business operating on cloud technology to extend the platform. Even though the new Apple OS does something similar to Flayvr, the company is confident that it will only boost their sales because it stresses that this type of service has become necessary.

from Douglas MacFaddin’s Tech Market Page http://ift.tt/1hIDuXk

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Published by: Doug MacFaddin

Douglas Willis MacFaddin was born June 16, 1961 in the Miamisburg Hospital to Patricia Ann MacFaddin and Richard Willis MacFaddin. My mother’s maiden name is Morrison and she is the youngest of seven children who were raised in Lycippus, PA. My father was the second of four children and was a twin. He was raised in the town of Viola, DE. At the time of my birth, my father worked at the Mound Laboratories in Miamisburg, Ohio in research. Mound was an Atomic Energy Commission facility for nuclear weapon research during the Cold War. My mother made a home for our family. My father passed away in 1991 and my mother is currently living in Avon, CT. Doug MacFaddin is the oldest of five children (Doug, R. Stuart, Anne Marie, Megan and Mary (Heather)). I lived in Ohio for two years, spent the next seven years in Murrysville, PA (outside of Pittsburgh), moved to Little Silver, NJ and relocated my senior year in high school to Avon, CT. My four siblings currently live with their families in Avon, CT and are members of St. Ann’s Church. I attended Mother of Sorrows School in Murrysville, PA. In NJ, I attended Little Silver Point Road School, Markham Place School and Christian Brothers Academy (CBA) in Lincroft, NJ for three years. My senior year, I attended Avon High School and I then spent the next four years at Union College, Schenectady, NY. I received a BS in Industrial Economics and graduated in June 1983. While at Salomon Brothers, I was asked to attend a two-week seminar for Public Finance at the University of Michigan in 1986. In Little Silver, I was involved in Troop 126 where I achieved the rank of Life Scout and was both a Patrol Leader and a Senior Patrol Leader. I also was an alter boy at St. James Catholic Church and spent summers a the Ship Ahoy Beach Club in Seabright, NJ and caddying at the Rumson Country Club. At Christian Brothers Academy, I wrestled for the varsity squad for three years. I took second in the districts my junior year and went on to the regionals. I also ran on their cross country team freshman year and was part of the CBA Colt team that hasn’t lost a duel meet since 1973. My senior year at Avon, I won the wrestling States (S). I went on to wrestle at Union College and qualified for the Div III nationals twice (1981, 1982) and was co-captain both years. My senior year at Avon, CT, I also won the States (S) in pole vaulting. It was the first time Avon High School had a state champ in two sports in the same year. During my four years, I earned nine varsity letters between wrestling, track and football. In 1979, I was accepted into The National Honor & Merit Scholars Society. Upon graduating from Union College, I accepted a position at Salomon Brothers Inc in August 1983. I was an analyst in their Public Finance department at One New York Plaza. I lived in Park Slope, Brooklyn and spent the next four years working at Salomon Brothers. As a result of Black Monday, October 19, 1987 the Public Finance Department of Salomon Brothers was jettisoned to conserve capital. By November 1, 1987, I was working at Dean Witter Reynolds in the new Public Finance Department made up of many of my former Salomon Brother’s colleagues. The new Department was located on the 57th floor of 2 World Trade Center.

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