Norway’s Kuddle plans to raise $7.4 million through crowdfunding

OSLO (Reuters) – Kuddle, a picture sharing app for children, will launch a crowdfunding initiative on Thursday aimed at raising $7.35 million to pay for further growth of its service, Chief Executive Ole Vidar Hestaas said on Wednesday. The Norwegian firm, which bills itself as a child friendly rival to Facebook’s Instagram, is in the process of hiring 40 to 50 people in its newly established Silicon Valley office and has recently hired a country manager for Brazil.

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Norway’s Kuddle plans to raise $7.4 million through crowdfunding