Photobucket is a Denver-based photo- and video-sharing service that operates on web and mobile. The company claims a 100 million registered-user base and hosts over 17 billion photos and videos, though active-user and revenue details were not disclosed. Photobucket generates revenue from print, advertising, and subscription services and launched a Print Shop in September 2014 for personalized prints and photo products. The Print Shop saw roughly 10x revenue growth year-over-year from 2013, with about 10% of print orders coming from mobile and expectations that mobile will grow. The new capital will be used to expand the Print Shop’s product lineup, double down on mobile investments, and pursue acquisitions to broaden private group sharing and mobile printing. The company currently has a team of about 60 and plans to grow headcount with the new funding. Photobucket is a long-established photo- and video-sharing service that serves consumer and social-photo needs. The company reports more than 100 million users and serves about 3.5 billion images per day. Photobucket has pursued partnerships and product updates recently, including a social-focused redesign and a deal to power photos on Twitter. The company was founded in mid-2003 and previously raised roughly $14.5 million in venture capital. Photobucket has changed ownership twice, selling to MySpace in 2007 and to Ontela in 2009, and continues to seek growth capital to expand product offerings and partnership strategy. PhotoBucket provides consumer visual media hosting and publishing, allowing members to upload photos, videos and graphic art and link them to sites like eBay, MySpace, Blogger and Neopets. The company has capitalized on limitations of third-party sites by making uploads and embedding simple, and it launched video services in April 2006. PhotoBucket serves over 50 billion image and video requests per month and drives roughly 2% of total U.S. Internet traffic. It reports more than 15 million members, 10 million unique monthly visitors, and about 65,000 new members signing up daily. Since the video launch members have uploaded nearly 1 million video clips at a rate of over 30,000 new videos per day, nearly matching YouTube's reported pace. PhotoBucket offers a free tier and a $25/year premium version with more storage and bandwidth, and the company is cash-flow positive and profitable.

Total raised

$24M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2015