In December 2016, some of Periscope's features were integrated into the Twitter app. On 26 January 2016, the company released an update that allows users to stream live from GoPro. On 9 December 2015, Apple named Periscope as the iPhone App of the Year. At the same time, the company noted that the amount of video being watched had reached a level of "40 years per day". On 12 August 2015, Periscope announced that it had surpassed 10 million accounts, four months after it was launched. Later, on, Periscope was released for Android. Meerkat became the talk of SXSW partially due to Twitter cutting Meerkat off from its social graph just as the festival was starting. The acquisition was officially announced in a tweet from Periscope and retweeted by Twitter CEO Dick Costolo on 13 March after the rival video streaming app Meerkat was a breakout hit at South by Southwest 2015 (13–17 March). Another says it fell between $75 and $100 million. One investor source says the acquisition amount was "sizeable", above $50 million. Periscope was acquired January 2015 by Twitter before the product had been publicly launched. They raised $1.5 million from Founder Collective, Scott Belsky, Maveron, Google Ventures, Menlo Ventures, Bessemer, Stanford – StartX and Sam Shank in April 2014. They started the company in February 2014, under the name Bounty. While he could read about the protests, he could not see them. He wanted to see what was happening there, so he turned to Twitter. Beykpour was in Istanbul when protests broke out in Taksim Square. Beykpour and Bernstein came up with the idea for Periscope while traveling abroad in 2013.
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