ImageShack raises $15M | Startup Meme - Technology Startup and Latest Tech News

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Nov 8 2008

ImageShack raises $15M

Saad Ali Abbasi 

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ImageShack raised $15 million from Sequoia Capital, which would definitely help better the media hosting site’s quality of service. The Los Gatos Calif.- based startup has planned to earn its revenue from a combination of affordable subscriptions and advertising, chief executive Jack Levin mentions. The data provided by comScore above shows a total of 32.7 million visitors on the ImageShack site in the month of September, up only by 5 percent from last year. Though coming in at no. 6 with the top guns in the business does indicate that the startup is improving, slowly.

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