Slide gets big VC round for its slideshow product
Slide, the San Francisco start-up that lets you create slide shows from your photos or other content, has raised a large third round of funding from Khosla Ventures and Mayfield Fund.
The amount remains undisclosed, but we’ve heard it is more than the company got for its second round, which was $8 million. That gives the company near or north of $20 million in total funding, putting it comfortably on the list of best-funded Web 2.0 companies in Silicon Valley — and apparently making it the biggest of any of the latest generations of photo-related sites.
The site lets you push slideshows, onto your blog for example, or to share your favorite photos with friends and family. But it also lets you pull them, accepting a slideshow of images fed from your friends or from your favorite Web sites. It is the latter feature, where people might pull slideshows of products from their favorite retailers, for example, where Slide sees a business model. Slide also lets eBay sellers feature their wares in slideshows. It’s unclear whether Slide has made progress in making money.
Here is our previous story about Slide.
Levchin (pictured above) said he hit it off with Vinod Khosla, the well-known venture capitalist who runs Khosla Ventures. Khosla grasped Levchin’s vision for slides more quickly than others, Levchin said.
The funding also included previous investors, BlueRun Ventures and Founders Fund.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
