If we will all turn back the clocks one year, we will remember that Color announced its $41 million in funding last March. Color has now been around for one year, and what does it have to show for it? A whole lot of nothing. According to Business Insider, after the company pivoted, it now sees around 30,000 people use the application every day. While it is better than zero, it is nothing compared to the size at which competitors like Path and Instagram operate.
[Source: Business Insider]