Toronto-based Bitstrips secures $ 3 Million investment

By now, we've all seen the Bitstrips web comics on Facebook and other social media websites. Well, the Toronto-based startup that invented the DIY comics just received a $3 million investment from Horizon Ventures of Hong Kong. The 17-man group is expecting to grow the business organically, slowly building staff up while improving on their product. To date, 30 million avatars have been built, which proves that Bitstrips have some momentum going for them.