Instagram

InstagramPopular photo sharing network Instagram has announced that there are now 100 million monthly active users, marking 11.11% growth in just over a month since its announcement of 90M MAUs last month. Instagram crosses the 100M mark just two and a half years after its 2010 launch. Instagram was said to have 100 million total users a few months ago, but today’s measurement is of monthly actives, a metric that the company began reporting after recent terms of service changes were rumored to cut user numbers drastically. Instagram founder Kevin Systrom shared some thoughts on the milestone in a blog post. “One night soon after launch, about a half-mile away, Giants Stadium was full of fans cheering on their team in a race for the NLCS against the Philadelphia Phillies…While we may only have had a few thousand people around the world using Instagram that night, we had a sense that maybe through Instagram we could tune in to what was happening just a few steps away.”

Read the full story at The Next Web.

Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living. For more information, visit shellypalmer.com.

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