Photobucket’s Second Round Expands To $14.17 Million
By Rafat Ali - Fri 18 Aug 2006 09:10 AM PST
Digital media hosting site Photobucket , whose funding we mentioned in May, has raised its second round raise from $10.5 million to $14.17 million, reports PE Week Wire, citing SEC documents. The new capital came from an affiliate of Insight Venture Partners and a Colorado-based entity called Red Tail Hawk.
Photobucket is among the biggest photo sharing sites online, on account of big usage within MySpace community,
Posted in: Money, Social Media, VC+M&A
