How hot is WedPics? Its second round of institutional funding ended up being oversubscribed to the tune of $6.5 million with another $2.25 million in equity and debt being disclosed this week. WedPics CEO Justin Miller is considering making an acquisition to further grow the photo app startup.
Miller is scheduled to be a participant in WRAL TechWire’s “Crowdfunding 2015” event next week. The event is a sell-out.
WedPics annouced the first $4.25 million in December.
- Exclusive video: What’s the secret sauce of WedPics?
“Shark Tank” headliner Barbara Corcoran is among the investors personally as well as through the AngelList Syndicate. Her business partner, Phil Nadel, also invested, according to TechCrunch, which first reported the funding.
High-profile Brad Feld is also a backer as other Silicon Valley angels.
WedPics could make an acquisition, perhaps in the printing space, to capitalize on its rapidly growing customer base, Miller told TechCrunch.
The company is adding some 1,000 bridges a day to its database of 2.5 million users. Its goal is 800,000 new couples this year compared to 300,000 last year, Miller said.
Miller also recently hired a data scientist to explore what makes for a successful wedding, he told TechCrunch.
