Fotolog

France's Hi-Media Group Acquires Fotolog for $90 Million

Authored by Mark Hefflinger on August 27, 2007 - 12:48pm.

New York - Hi-Media Group, a France-based Web publishing and online advertising and commerce firm, announced on Monday that will acquire New York-based Fotolog, an online social network based around photo-sharing, in a deal valued at $90 million.

Fotolog Signs Search Advertising Deal with Google

Authored by Mark Hefflinger on July 20, 2007 - 2:03pm.

New York - Fotolog, a photo-blogging site with a large audience in Europe and Latin America, said on Friday that it has signed a multi-year search technology deal with Google. Under the agreement, Google will become the exclusive search and keyword-targeted advertising provider for Fotolog's international network, which currently has about 9.7 million members.

Photo-Sharing Social Network Fotolog Raises $4 Million

Authored by Mark Hefflinger on October 5, 2006 - 3:24pm.

New York - Fotolog, a social networking site based around sharing photos, said that it has raised $4 million in its third round of venture capital financing, from BV Capital and 3i. Founded in 2002, New York-based Fotolog now claims 4.7 million members and 9.7 million unique monthly visitors. The company has raised $12 million since March 2005. Fotolog will use the funds to accelerate growth, for product development and to expand into new markets.