Photo sharing application Lapse received an investment of $ 30 million

photo sharing app Lapse, 30 million dollars received investment. The company’s A series investment round, Greylock Ventures ve DST Global Partners led. In the investment tour of UK-based Lapse GV, Octopus Ventures ve Speedinvest took place. The company announced that it will use the new investment to strengthen the technical infrastructure of the application and improve the product and user experience. Total investment amount of Lapse including series A $42 million while its valuation is for 150 million dollars rose.

in 2021 brothers and entrepreneurs Ben and Dan Silvertown Founded by Lapse, it stands out as a nostalgic photo sharing application. Unlike other social media platforms, Lapse offers its users an atmosphere that reminds them of the old movie camera experience. The aim of the platform is to offer people a nostalgic experience in the digital environment, allowing them to share real moments and emotions.

Lapse basically allows people to go back to the past and revive their nostalgic memories, and to establish more intimate and meaningful connections while sharing these memories. In this way, users have a deeper and more satisfying experience in the digital world.

That’s why the platform imposes certain restrictions on uploading or editing photos. Thus, it ensures that the content remains with a more natural, real and nostalgic aesthetic. While sharing their memories, users are moving away from the complexity brought by modern technology. For example, excessive editing of photos with filters is not allowed and the focus is on making the content completely authentic.