Potential SnapChat competitor raises $1.8 million in seed funding

Two ex-Amazon engineers have created are planning to create a mobile app called Wire that they hope will become SnapChat’s first real competitor. Their company, Wire Labs, has raised $1.8 million in seed funding for its project. 

Wire Labs, a company founded by ex-Amazon engineers Piragash Velummylum and Jordan Timmermann, has raised $1.8 million in seed funding for their new – what else? – mobile messaging application called “Wire.” The app, currently in a private beta release, is targeting the teen audience with photo and video messaging features and promise of real-time feedback.