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Flipagram raises $70 million to beat Snapchat and Instagram by harnessing the power of music

July 16, 2015

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Flipagram wants to be the first mobile “storytelling” app to harness the power of music, and it made two huge strides toward that goal today by raising an additional $70 million in funding and inking a series of global licensing deals with major record labels.

Flipagram works by letting users easily stitch together photos, videos, and music into “stories,” which average around 30 seconds in length.

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