Since its inception in 2010, photo-sharing social media platform Instagram has grown exponentially in its short, yet monumental four year existence. Recently announcing that it has reached over 300 million users a month, Instagram has surpassed Twitter‘s mark of 284 million users per month. The burgeoning social media platform was acquired by Facebook in 2012 for $1 billion USD as Instagram continues to experience growth in users, inching closer to Facebook’s leading 1.35 billion monthly active users. CEO Kevin Systrom announces that the company is working on an innovative new feature allowing users to peer into specific events happening around the world. Stay tuned for future announcements as Instagram continues to grow at a fast rate.