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Friend-focused photo sharing app Retro snags $21M

Friend-focused photo sharing app Retro snags $21M. Retro was built by former Instagram product engineers Nathan Sharp and Ryan Olson. The fundraise is a testament to the enduring need for social apps that connect people with one another more directly. Retro has been downloaded around 7 million times since its launch, and has seen its in-app spending jump north of 460% over the past 180 days.

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