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.

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