Foap raises $1.5M to expand its mobile stock photo service into U.S. and set up more brand partnerships.

Sweden 07 August 2013
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Foap, a Kristianstad, Sweden-based mobile stock photography business, announced getting $1.5 million in equity investment. The money comes from Swedish Industrifonden and Maxwell Ventures and will be used to boost the sales team and open a Foap office in New York for a U.S. expansion.

Foap, founded in 2011 and led by CEO David Los, has 575,000 users around the world.

Total investments received (USD): 4.32M

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