Report: Photo, Video Hosting Site Imageshack Raises $15 Million

Authored by Mark Hefflinger on November 10, 2008 - 9:49am.

Los Gatos, Calif. - Imageshack, a provider of free and premium image and video hosting services for consumers, has raised $15 million in new financing from Sequoia Capital, VentureBeat reported, citing "a reliable source."

Founded in 2003, Imageshack derives revenue from advertising and subscription services.

The company's website attracted 32.7 million unique visitors in September, according to comScore.

 

Related Links:
http://snipurl.com/5aket (VentureBeat)

http://imageshack.us

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About the website

They should self-generate the funds and not depend on outside investments.

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