San Francisco - Slide, the provider of an online photo slideshow service, has raised $50 million in a new financing round that values the company at more than $500 million, BusinessWeek reported. Investors in the round included Fidelity Investments and T. Rowe Price.

Founded in 2005 by PayPal co-founder Max Levchin, San Francisco-based Slide offers Web-based tools that let users create photo and video slideshows from their photo collections, and embed them on Web pages and social networks like Facebook and MySpace.

The company claims 144 million monthly unique viewers for its slideshows, and 84 million installations of its various applications on Facebook.

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http://www.slide.com