The name of instagram comes from the understanding of the whole function of this application. The word "insta" comes from the word "instant", like a polaroid camera that in its time is better known as "instant photo". Instagram can also display photos instantly, like polaroid inside its appearance. As for the word "gram" comes from the word "telegram", where the workings of telegram itself is to send information to others quickly. Same case with Instagram that can upload photos by using the internet network, so the information to be conveyed can be received quickly. That's why Instagram comes from instant-telegram.
Established in 2010 the company Burbn, Inc., is a startup technology focused solely on developing applications for mobile phones. At first Burbn, Inc. Itself has too much focus in HTML5 mobile, but both CEOs, Kevin Systrom and also Mike Krieger, decided to focus on one thing only.
On April 9, 2012, it was announced that Facebook agreed to take Instagram for $ 1 billion.