Summary List PlacementThe hot app Dispo now has the valuation to back up the buzz. The photo-sharing app has reportedly raised $20 million at a $200 million valuation in a Series A funding round led by Spark Capital, as first reported by Axios's Kia Kokalitcheva. Dispo declined to comment. The funding confirms a report last week by Insider that the company was being "inundated" with term sheets for its Series A round and was seeking a valuation over $100 million.