Six days later, on , the final stable non-beta version was officially released under a new name — Instagram. [10] . This renaming gave an even bigger response, it rapidly gained popularity, reaching 1 million registered users in two months, 10 million in a year, and 1 billion in June 2018. Instagram, online social media platform and social network service for photograph and video sharing. The app was launched in 2010 by cofounders Kevin Systrom and Mike Krieger, and it is now owned by Meta Platforms, Inc., the parent company of Facebook. Learn how Instagram, a photo and video-sharing social networking service, evolved from its launch in 2010 to its acquisition by Facebook in 2012. See the key milestones, features, and events of Instagram in this comprehensive timeline. · Instagram debuted on , initially for iOS users. It emerged from "Burbn," a concept focused on check-ins and photo-sharing by creator Kevin Systrom. Garnering over 25,000 users on its first day and reaching 1 million within two months, its rapid adoption marked a significant milestone. Instagram was technically launched on . Within three months, it had accumulated one million accounts. However, its beginnings started in 2009 when Kevin Systrom, a 27-year-old Stanford University graduate, was working at Nextstop, a travel recommendations startup. Systrom had previously worked at Google (GOOG) as a corporate development...See full list on investopedia.comA crucial turning point came in March 2010 when Systrom attended a party for Hunch, a startupbased in Silicon Valley. At the party, Systrom met two venture capitalists from Baseline Ventures and Andreessen Horowitz. After showing them the prototype of his app, they decided to meet for coffee to discuss it further. After their first meeting, Systrom...See full list on investopedia.comAfter Krieger joined, the two reassessed Burbn and decided to focus primarily on one thing: photographs specifically taken on mobile devices. They carefully studied leading apps in the photography category at that time. For Krieger and Systrom, the Hipstamatic app stood out to them because it was popular and had interesting features that you could ...See full list on investopedia.comThe Instagram app was launched on , and racked up 25,000 users in one day. At the end of the first week, Instagram had been downloaded 100,000 times, and by mid-December, the number of users had reached one million.The timing of the app’s release ended up being fortuitous because the iPhone 4– featuring an improved camera–had launched j...See full list on investopedia.comAfter the rapid rise in Instagram's user base, more investors became interested in the company. In February 2011, Instagram raised $7 million in a Series A funding round. One of their investors was Benchmark Capital, which valued the company at around $25 million. In addition to institutional investors, the company attracted the attention of other ...See full list on investopedia.comBy March 2012, the app’s user base had grown to approximately 27 million users. In April 2012, Instagram was released for Android phones and was downloaded more than one million times in less than one day. At the time, the company was also close to receiving a new round of funding at a valuation of $500 million.Systrom and Facebook founder Mark Zuc...See full list on investopedia.comAlthough Instagram has a variety of features, most basically, the app's interface allows individuals who have created a free account to upload media–both photos and videos. They have also increased the editing functions: Instagram users can shoot and edit videos, add subtitles and filters, and combine different shots and audio without leaving the a...See full list on investopedia.comWhile user growth has continued to increase since the Meta (formerly Facebook) acquisition, Instagram has made a relatively small number of changes to the app, sticking to its simple and intuitive user experience and core focus on photo- and video-sharing capabilities. Despite the high price tag of its acquisition, the company appears to have been ...See full list on investopedia.comInstagram launched in October 2010 as a photo-sharing app and was acquired by Facebook in 2012. Learn how it evolved into a social media platform with 2 billion users and how businesses use it for marketing and commerce.See full list on investopedia.com Instagram came out on , as a photo-sharing app for iOS users. Learn how it grew to become a global social media platform, acquired by Facebook, and introduced features like Stories, IGTV, and Reels. · When Did Instagram Come Out: The Official Launch When was Instagram made? The official version was developed over approximately eight weeks of intensive work by Systrom and Krieger. On , Instagram launched exclusively on iOS as a free mobile app. Instagram came out on , as a photo-sharing app for iOS users. Learn how it grew to become a global social media platform, acquired by Facebook, and introduced features like Stories, IGTV, and Reels. · When Did Instagram Come Out: The Official Launch When was Instagram made? The official version was developed over approximately eight weeks of intensive work by Systrom and Krieger. On , Instagram launched exclusively on iOS as a free mobile app.
