Google has acquired photo app, Jetpac that helps users to collect pictures from different social networking sites to create city guides, for an undisclosed amount. The other terms and conditions are still undisclosed.
Jetpac’s homepage announced the acquisition:
“We look forward to working on exciting projects with our colleagues at Google. We’ll be removing Jetpac’s apps from the App Store in the coming days, and ending support for them on 9/15.”
San-Francisco-based, Jetpac was launched in 2012 by Co-Founders Julian Green and Derek Dukes. the company’s iPhone app gives city guides for more than 6000 cities around the world. It is backed by 3 investors such as Khosla Ventures, Morado Venture Partners and AME Cloud Ventures. Till date, the firm had secured a total funding of USD 2.4 million in Series A round.
The company had launched three apps till now including a city guide, a photo analyzer and picture detection tool.
This year, Google has acquired 23 companies in which Nest Labs’s deal for USD 3.2 billion was largest in Google’s history. It had amde investment in 29 companies, till now. Google had secured a total funding of USD 25.1 million. It having 49,000 employees in its current team.
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