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November 6, 2013 05:00 pm GMT

Instagram Competitor Mobli Gets $60M From Carlos Slim To Build A Visual Search Engine

Moshe_Slim (2)Mobile picture and video sharing platform Mobli, a competitor to other image-sharing services like Instagram, is today announcing a strategic investment that it hopes will help it catapult itself into the big leagues of mobile apps. Today, it is announcing that Amrica Mvil, the Latin American telco giant led by billionaire Carlos Slim, is leading a new $60 million round in the company. As part of that, Mobli will get distribution with Amrica Mvils millions of mobile users.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-zTeMi9Wmk0/

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