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Tuesday, May 30, 2006

Photobucket Gets $10.5M Funding

A lot of Pinoy Cosplay users like Photobucket, so they should be happy to hear this: profitable Photobucket closes $10.5M more in funding.

And to think Flickr, a Yahoo company, isn't profitable yet. In a world where users have many social networking and content management choices, Photobucket's combination of easy embedding, multimedia hosting, and an affordable freemium model make a killer triple combo.

Makes me wonder how CNet's disruptively focused AllYouCanUpload will fare. The new service eschews all content management and social networking features in favor of free unlimited bandwidth.

posted by Mike Abundo # 1:08 PM

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