Last week, Bitstrips, an app that allows users to create cartoon versions of themselves to share on Facebook, announced a new funding of US$3 million from Horizons Ventures in Hong Kong.

    The fund will be used to build out the product and the Bitstrips team, which is currently 17 members strong.

    After launching the Bitstrips iOS app in October, users created more than 30 million avatars* in a two-month stretch, bringing the total number of Bitstrips avatars to well over 40 million.

    All Bitstrips cartoons are all created by the team at the company’s Toronto office in Canada.

    Bitstrips has released four new comics per day. For the holidays, Bitstrips released 100 new holiday-themed comics intended to turn user avatars into personalized* greeting cards.

    As Bitstrips watched its popularity grow, it also saw an increase in user complaints, mainly that the comic strips* were starting to take over their Facebook feeds. The product is annoying to some, but only because their friends are using it too frequently.

    Last month the company changed the app’s settings so that users can share their Bitstrips comics with more focused groups of friends or followers. Users can now share through text, email or just within the app. (SD-Agencies)