Instagram is a social media platform founded by Kevin Systrom and Mike Krieger in 2010. Initially, the company was based in San Francisco, California.
However, in 2012, Facebook, Inc. (now known as Meta Platforms, Inc.) acquired Instagram for approximately $1 billion.
Today, Instagram is owned by Meta Platforms, Inc., a multinational technology and online social media company headquartered in Menlo Park, California, USA.
The country of origin for Instagram is the United States of America.
Instagram's History and Key Milestones:
- October 2010: Kevin Systrom and Mike Krieger launch Instagram.
- April 2012: Facebook acquires Instagram for $1 billion.
- 2016: Instagram reaches 500 million active users.
- 2020: Instagram surpasses 1 billion active users.
As a result of the acquisition, Instagram's headquarters remained in the United States, making it a US-based company.