Media-hosting site ImageShack raises $15M from Sequoia
ImageShack, a site where users can host their images and videos, has raised $15 million from Sequoia Capital, a reliable source tells us. The sizable backing from one of Silicon Valley’s most prestigious venture firms is pretty darn impressive, especially for yet another site in the crowded online photo market, and at a time when web investments are falling.
If the news sounds a little familiar, it’s because TechCrunch’s Erick Schonfeld reported an unconfirmed rumor of… Continue Reading