Scoop: David Dobrik's retro photo app Dispo raises $20 million

Dispo, a retro photo-sharing app co-founded by YouTube star David Dobrik, recently raised $20 million in Series A funding led by Spark Capital at a valuation of about $200 million, Axios has learned. The company declined to comment.

Why it matters: After releasing a new test version of its disposable camera-inspired app earlier this month, it quickly racked up users and buzz.