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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Tags: co:Slide, inv:Bluerun-Ventures, inv:Founders-Fund, inv:Khosla-Ventures, inv:Mayfield-Fund, people:Kristopher-Tate, people:Max-Levchin, people:Vinod-Khosla
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