After $35 million in funding, Secret is reportedly shutting down
The anonymous sharing app Secret will soon be shutting down, according to a report from Buzzfeed. Launched in February 2014, the app boasted more than 10 million downloads at its peak, and inspired broad interest in “anonymish” apps that would actively obscure users’ identities. Only a month after launch, Secret raised $8.6 million from Google Ventures and Kleiner Perkins, among other investors, a sign of the high hopes around the app. The app would go on to raise a full $35 million in funding.
Still, Secret struggled with decreased usage in recent months, falling out of iTunes top 1500 ranking by the end of 2014. In December, the app relaunched as a text-based chat platform in an attempt to regain momentum with users. The attempt…
Source:: The Verge
