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Official Press Releases

February 21, 2007

Photobucket Brings Free Web-Based Video Editing to Millions of Photobucket Users

Photobucket Brings Free We-Based Video Editing to Millions of Photobucket Users

New Adobe lightweight, web-based video remix and editing technology enables Photobucket users to quickly and easily add creative expression to their online personal media

February 21, 2007 – Palo Alto, Calif. – Photobucket (http://www.photobucket.com), the online personal media company where over 35 million people create, manage and share their personal digital media, today announced the launch of a new service, featuring lightweight, web-based video remix and editing technology powered by Adobe Systems Incorporated. The Adobe web-based video remix and editing technology is available online as part of the Photobucket user experience, and is currently offered as a Beta application. Photobucket users can now combine images, videos, text, and music to create personalized videos or “mashups” of content from their Photobucket albums, without requiring any additional downloads.


“At Photobucket we’re committed to helping our users get the most out of their personal media, and have fun doing so,” said Alex Welch, CEO, Photobucket. “Collaborating with Adobe gives our millions of users a simple way to create mashups that showcase their personality and creativity. Users can either broadcast these mashups widely, or share with a small group of friends and family.”

“For the tens of millions of people who place their videos online, it is no longer good enough to simply post and share them – people want their videos to be compelling compared to other content,” said John Loiacono, senior vice president, of the Creative Solutions Business Unit at Adobe. “Adobe’s web-based video remix and editing technology gives consumers an easy-to-use, ‘no experience required’ approach to web-based video editing that will help their stories stand out. We have fully integrated our tools into the Photobucket experience, enabling anyone who has Adobe® Flash® Player installed on their PC to use it.” 

Adobe’s web-based video remix and editing technology is a Flash-based application built using Adobe Flex™, and delivers high quality video editing capabilities pioneered by Adobe Premiere® Pro and Premiere Elements. Adobe’s web-based video remix and editing technology offers a simplified interface, introducing consumers to video editing they can quickly master. 

Using Adobe’s web-based video remix and editing technology, Photobucket users can combine images and video with captions, bubbles, frames, transitions, music, and other effects by dragging and dropping content to a sceneline. Clips and content can be reordered, trimmed, and split directly in the sceneline in a web-based environment.  Users can work with content from their own albums, or access over 2.5 billion publicly-shared images and videos on Photobucket.   

Once editing is complete, the resulting video mashup can be embedded into any web page, blog, or social network profile by copying and pasting a snippet of HTML code.  The mashup can also be shared with family and friends using Photobucket’s built-in sharing tools. Photobucket recently launched features to enable quick and easy posting to blog services and social networks such as Blogger, Xanga, LiveJournal, MySpace, Bebo, and Facebook directly from within a Photobucket album.

Photobucket launched video hosting as an integral part of its service offering in April of 2006. Now, more than 35,000 videos are uploaded to Photobucket albums every day, making Photobucket the third largest video hosting site after YouTube and MySpace.  Photobucket video is free to all its users, and members can upload videos in any standard video format (mpeg, avi, Divx, etc). 

Adobe’s web-based video remix and editing technology is a free, lightweight, Adobe Flash based web application. It opens directly in the browser on Photobucket’s website, and requires Adobe Flash 9 to operate.

Product Availability
Adobe’s web-based video remix and editing technology is initially available via limited public beta to Photobucket Pro users, and will be available for free to Photobucket’s entire user base of 35 million members by early March 2007. Users can access the product directly from their albums by clicking on a button in their album. For more information on the feature, users should visit Photobucket’s blog at http://blog.photobucket.com.

About Photobucket
Photobucket is the easiest and most reliable way for people to create, manage and share their personal media online. Photobucket is the web’s most popular creative hub, linking billions of personal photos, graphics, slideshows, and videos daily to hundreds of thousands of web sites, including: MySpace, Facebook, Bebo, Friendster, eBay, Craigslist, Blogger, Xanga and others.  Photobucket’s more than 35 million users upload more than 7 million personal photos, graphics and videos to Photobucket every day, and the site is growing at a rate of 85,000 new users a day. Photobucket currently serves over 70% of all content links to social networking web sites and serves over 3 billion images and video requests every day.  The company actively moderates content to create a safe environment for its users, partners and advertisers. Photobucket has offices in Palo Alto, California and Denver, Colorado and is located online at www.photobucket.com

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January 17, 2007

Press Release - 01.17.07 - Photobucket Selected by AlwaysOn Media as Top 100 Private Company Award Winner


Photobucket - Video and Image Hosting

Photobucket Selected by AlwaysOn Media as Top 100 Private Company Award Winner

Recognized for Leadership in Emerging Technology

PALO ALTO, Calif.--(BUSINESS WIRE)--Photobucket (http://www.photobucket.com), the online personal media company where over 32 million people create, manage and share their digital lives, today announced that it has been chosen by AlwaysOn Media as one of the Top 100 Private Company award winners. The AO Media 100 is a power list of the top private digital media companies. The AO Media editorial team selected winners based on a set of five criteria – innovation, market potential, customer adoption, media buzz and investor value creation.

Photobucket and the AO Media 100 will be honored at the AO Media executive summit January 29-31 at The Mandarin Oriental Hotel in New York City. The summit will focus on the forces that are disrupting user behavior and creating new opportunities in the digital era, showcasing top innovative private companies that are revolutionizing the way media is created, distributed and consumed.

The AO Media 100 was selected from over a 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO Media 100 consists of private companies at all stages of development.

Photobucket, founded in 2003, has become the leading personal media hub delivering billions of personal photos, graphics and videos daily to over 300,000 different websites – including Bebo, Piczo, MySpace, Blogger, and LiveJournal – and enables sharing via email, instant messaging, and mobile devices. ComScore Networks reports that Photobucket is one the top 50 most visited websites, with 15.7 million unique visitors per month. Photobucket’s user base has grown 300% over the past year since September 2005, driven by consumer demand for a fast and easy way to share personal digital content using one central online hub. On December 1st, 2005, Photobucket reached the 30 million user mark.

“We scoured hundreds of applications we received to vote on the top emerging private technology companies,” said Tony Perkins, founder and editor of AlwaysOn. “Selected are the companies we think are demonstrating significant market traction or pursuing game-changing technology. We expect these organizations to have a big impact for both New York and Silicon Valley.”

“We are honored to have been selected from over a thousand companies for this award. There are a lot of great, innovative technology companies out there today so we are very proud to be recognized as one of the elite few by AlwaysOn,” said Alex Welch, Chief Executive Officer and Co-Founder of Photobucket. “Our focus is providing our 32 million users with the creative control to manage and share their digital media content in new ways.”

A full list of all the AO Media 100 companies can be found on the AlwaysOn website at http://alwayson.goingon.com/permalink/post/8813

About Photobucket

Photobucket is the easiest and most reliable way for people to create, manage and share their personal media online. With more than 32 million users, Photobucket is a creative hub linking billions of personal photos, graphics and videos daily to hundreds of thousands of web sites—including MySpace, eBay, Craigslist, Blogger, Bebo and Xanga. In addition to linking, Photobucket users share images and videos by email, instant messaging and mobile devices. Everyday over 7 million personal photos, graphics and videos are uploaded to Photobucket for sharing with family, friends and the online world. The company actively moderates content to create a safe environment for its users, partners and advertisers. Photobucket has offices in Palo Alto, California and Denver, Colorado and is located online at www.photobucket.com

About OnHollywood 2006: May 2-4 @ The Roosevelt Hotel, Hollywood

AlwaysOn Hollywood is where cutting-edge technology CEOs from the back streets of Silicon Valley meets the Hollywood digital entertainment and media elite. This two-and-a-half-day executive event features CEO presentations and high-level debates on which forces are disrupting user behavior and creating new opportunities in the video, music, gaming, search, and mobile industries.

At AlwaysOn Hollywood, our editors will also honor the AO Hollywood 100 Top Private Companies. Fifty of the top CEOs from the AO Hollywood 100 will pitch their market strategies to a panel of industry experts in our “CEO Showcase.”

About AlwaysOn

ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (STANFORD SUMMIT, ALWAYSON HOLLYWOOD, ALWAYSON MEDIA and GOINGGREEN) and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

January 08, 2007

Press Release - 01.08.07 - Celebrities Turning to Photobucket to Further Engage Fan Communities on Social Network Sites

Celebrities Turning to Photobucket to Further Engage Fan Communities on Social Network Sites

Music Industry’s Biggest Names Including Anthrax, Hinder, Korn, Enrique Iglesias, Bow Wow, Mudvayne, Chris Cornell and Otep Connect With Fans Using Photobucket for Images and Slideshows

PALO ALTO, Calif.--(BUSINESS WIRE)-- Photobucket (http://www.photobucket.com), the online personal media company where over 32 million people create, manage and share their digital lives, today announced the launch of its community marketing relationship with Buddylube. Buddylube has introduced Photobucket to over 100 of the music industry’s biggest names, who now use Photobucket as their preferred image and slideshow sharing provider on social networking sites including MySpace, Facebook, and Bebo.

Many of today’s hottest artists, including Anthrax, Korn, Enrique Iglesias, Deftones, Chris Cornell, Army of Anyone, The Cinematics, and Otep, use Photobucket to share concert photos, album releases, fan contests, and more. Photobucket helped rap superstar and teen idol Bow Wow launch a celebrity look-a-like contest on his MySpace page to celebrate the release of his new album "The Price of Fame."

Photobucket currently serves over 70 percent of all image, slideshow, and video links to social networking Web sites, distributing more than 90 billion image requests per month. Photobucket members are currently adding over 7 million new images daily.

“We have always searched for opportunities to connect in meaningful ways with our fans and supporters,” said Otep, regarded by metal peers as the first Web 2.0 musical artist. “Photobucket allows us to do exactly that.”

“Our fans are everything to us so being able to connect with them online is huge,” said Aimee, with the rock band Dirtie Blonde. “It’s not just about selling music or doing shows. It’s about creating a community with our fans who share our love for great music.”

“We’re connecting with our fans using Photobucket on our profiles,” said Joe Garvey with the rock band Hinder. “Our fans are taking our slideshows and sharing them on their personal sites too. It’s mind blowing, to see how their support is popping up in new places.”

“Lacuna Coil’s success has always been defined by the fans,” said Cristina Scabbia, lead vocalist, Lacuna Coil. “It’s that diehard devotion that gives us the fuel to create this music and we are extremely humbled by it. These photos represent just how loyal our fan base is, and we wish that we could give more back to them as thanks for all of their support. Our fans are part of our family and we would not exist without them."

“Photobucket is an ideal partner and solution for musicians and celebrities who want to engage and activate their fan bases across a variety of social networking sites,” said John Eaton, CEO, Buddylube. “It doesn’t matter if it’s Myspace, Xanga, Facebook, Bebo, Tagworld, or Friendster. Photobucket is there. It’s cool. It’s viral. And the celebrities and the fans love it.”

The growing list of artists includes but is not limited to:
Anthrax
Army Of Anyone
BloodSimple
Bobby Valentino
Bowwow
Chris Cornell
Cinematics
Deftones
DirtyBlonde
EnriqueIglesias
GettyBoy
HellYeah
Hinder
Hustle
JimJones
Jordis
KORN
Labba
LacunaCoil
LilJohn
MistressJuliya
Mudvayne
Nothing Face
OTEP
Sanaz
ScottIan
About Photobucket

Photobucket is the easiest and most reliable way for people to create, manage and share their personal media online. With more than 32 million users, Photobucket is a creative hub linking billions of personal photos, graphics and videos daily to hundreds of thousands of web sites — including MySpace, Facebook, eBay, Craigslist, Blogger, Bebo, and Xanga. In addition to linking, Photobucket users share images and videos by email, instant messaging and mobile devices. Everyday over 7 million personal photos, graphics and videos are uploaded to Photobucket for sharing with family, friends and the online world. The company actively moderates content to create a safe environment for its users, partners and advertisers. Photobucket has offices in Palo Alto, California, and Denver, Colorado, and is located online at www.photobucket.com

December 12, 2006

Press Release - 12.12.06 - Photobucket Launches Mobile Uploads for Photos and Videos

Photobucket Launches Mobile Uploads for Photos and Videos

New Service Lets Photobucket's 30 Million Users Capture and Upload Photos and Videos from Their Mobile Devices

PALO ALTO, Calif.--(BUSINESS WIRE)-- Photobucket (http://www.photobucket.com), the online personal media company where over 30 million people create, manage and share their digital lives, today announced the availability of its mobile photo and video service.

This latest Photobucket offering will allow users to send photos and videos from mobile devices directly to their Photobucket accounts. Photobucket's users range from music fans to gamers to independent journalists and bloggers. Now, they will be able to capture and share their experiences while in the moment -- effectively turning their photo and video-enabled phones into personal broadcast devices.

According to Gartner, nearly 48% of the total phones sold worldwide in 2006 -- or roughly 460 million -- have a camera built into them. Gartner projects that by 2010 this number will increase to a billion, or roughly 81% of the total phones sold.

"As people capture their lives on digital handheld devices, they want to share those moments immediately," said Alex Welch, CEO and co-founder of Photobucket. "Photobucket users are passionate about sharing events in their lives as they happen, and we are committed to making this real-time sharing simple and easy."

Each Photobucket user has a unique address and PIN number that allows them to send their photo and video clips via MMS. Once on Photobucket, the content can be shared and linked to various social networks, blogs, and message forums. Image and video albums may be public or private depending on user-elected preferences.

October 25, 2006

Press Release - 10.25.06 - Photobucket Adds Divx Media Format to Let Users Share and Publish High-Quality Video

PHOTOBUCKET ADDS DIVX MEDIA FORMAT TO LET USERS SHARE AND PUBLISH HIGH-QUALITY VIDEO

Partnership to bring superior video quality, device portability to Photobucket’s 27 million users

October 25, 2006 – Palo Alto, Calif. – Photobucket (http://www.photobucket.com), the online personal media company where over 27 million people create, manage and share their digital lives, today announced a partnership with DivX, Inc. (NASDAQ: DIVX), a leading digital media company. Photobucket’s users will be able to upload and share personal videos using the high quality DivX video format, and enjoy the flexibility of playing their personal videos on one of the millions of DivX Certified consumer electronics devices in the market today.

Photobucket users upload over 30,000 new personal video clips each day, and with DivX they have additional choice and flexibility. Photobucket enlists an editorial staff of over 50 to review and moderate content so that partners have confidence that users’ personal media is safe for their community and advertisers.

DivX is one of the most popular video formats used by consumers today around the world. DivX is already shipping on 46 million consumer devices, and has been downloaded over 180 million times in the last four years, including over 50 million times during the last twelve months. The format is popular among videophiles largely because of the high quality experience it produces while preserving file sizes small enough to transfer online and playback across a wide variety of DivX Certified consumer electronics devices from leading brands.

“We’re committed to giving our users the creative power to publish and share their lives online,” said Alex Welch, Chief Executive Officer of Photobucket. “With DivX, Photobucket users can take their personal videos with them, in addition to sharing them on the web.”

"By partnering with Photobucket, DivX can bring our superior video quality and interoperability to Photobucket’s massive user base," said Mark How, Vice President of Business Development at DivX, Inc.

“It’s our goal to help create and build a better media future for consumers everywhere. Photobucket offers their community a clear and easy way to share the digital media that is important to them, and those values are closely aligned with our vision and approach.”

October 17, 2006

Press Release - 10.17.06 - Photobucket Bolsters Executive Team With Key Hires in Sales, Finance and Customer Service

Photobucket Bolsters Executive Team With Key Hires in Sales, Finance and Customer Service

Seasoned Executives Bring Operational and Strategic Experience to Fast Growing Personal Media Company

PALO ALTO, Calif.--(BUSINESS WIRE)--Photobucket (http://www.photobucket.com), an online personal media company where over 25 million people create, manage and share their digital life, today announced the expansion of the company’s executive team. Recent hires include Karen Katz as Senior Vice President of Media Development, Peter Foster as Vice President of Sales, Greg Wimmer as Vice President of Finance & Administration, and Heather Dana as Executive Director of Customer Service.

"We’ve spent the past 3 years building a massive infrastructure and user base. It’s clear we can take better advantage of such scale with an expanded executive team," said Alex Welch, co-founder and CEO of Photobucket. The company recently announced it reached 25 million users that link their photos, personal videos and images to over 250,000 different websites and share them using email, IM and mobile devices. ComScore reports that Photobucket is the world’s largest photo-sharing service. Every day over 7 million personal photos, graphics and videos are uploaded to Photobucket for sharing with family, friends and the online world.

Karen Katz, Senior Vice President of Media Development, and Peter Foster, Vice President of Sales, are responsible for growing revenue through media development, advertising and sponsorships. Karen brings over 20 years of operational and leadership experience across start-ups and Fortune 500 companies. Over the past 7 years, while founding and managing high-tech media companies, Karen has built new advertising platforms and a "who’s who" list of advertisers as clients. She previously worked as Executive Vice President of Sales at FilmLoop, a desktop photocasting network, where she signed on some of the world’s leading consumer brands. Prior to FilmLoop, Karen co-founded and served as CEO of AdSpace Networks, raising nearly $40 million in venture funding and building a world-renowned digital media network for advertising in public places.

Peter Foster, Vice President of Sales, brings 10 years of advertising sales and management experience to Photobucket. Peter has spent his entire career working with major advertisers and agencies across the US, running top-notch sales organizations. Most recently, Peter was Senior Vice President of Sales for ValueClick Media/Fastclick, where he managed a national team of more than 30 people and annual revenues of more than $150 million. During his tenure there, he also played a key role in successfully integrating the two sales organizations after the acquisition of Fastclick.

Greg Wimmer, Vice President of Finance & Administration, brings over 20 years of finance, accounting and management experience at innovative technology companies. Prior to Photobucket, Greg held VP of Finance and CFO positions at several fast growing companies, successfully raising over $100 million in venture financing. Most recently, as CFO of Wavemarket, Greg negotiated key contracts with major mobile operators in North America, as well as distribution deals with equipment providers globally. He previously worked as a Management Consultant at Deloitte & Touche.

Heather Dana joins Photobucket as Executive Director of Customer Service. Heather is responsible for the delivery of world-class services and support to Photobucket users globally. With more than 20 years of customer service experience, Heather brings a wealth of operational and strategic knowledge to Photobucket. Previously, Heather served as Vice President of Customer Service at Monster.com where she dramatically increased customer satisfaction and improved the user experience.

September 27, 2006

Press Release - 09.27.06 - Photobucket Reaches Landmark of Over 25 Million Members

Photobucket Reaches Landmark of Over 25 Million Members
Membership Growth Fueled by Consumer Sharing of Personal Media Online
September 27, 2006
Photobucket (http://www.photobucket.com), the largest personal media company for people to create, manage and share their digital life online, today announced that it has exceeded more than 25 million members.

The site, launched in 2003, has become a creative hub delivering billions of personal photos, graphics and videos daily to over 200,000 different websites – including eBay, Craigslist, MySpace, Blogger, and LiveJournal – and enables sharing via email, instant messaging, and mobile devices. comScore Networks reports that Photobucket is one the top 50 most visited websites, with 15 million unique visitors per month.

This announcement follows recent reports by Hitwise and Nielsen/Netratings that Photobucket is the top photo-sharing website in the world, 2x larger than Yahoo Photos, with aggressive growth of more than 2 million new users monthly. Every day over 7 million personal photos, videos and graphics are uploaded to Photobucket for sharing with friends, family and everyone.

“I’m excited that Photobucket is at the center of it all – social media, blogging, sharing online,” said Alex Welch, Chief Executive Officer and Co-Founder of Photobucket. “We’re focused on giving our users creative control of their personal media, whether it be to create a widget and link it to their blog, or to email a personal video to a friend.”

Photobucket’s user base has grown 300% over the past year since September 2005, driven by consumer demand for a fast and easy way to share personal digital content using one central online hub.

June 14, 2006

Press Release - 06.14.06 - Photobucket Jwidget Integration Tool Brings Free Image and

Photobucket Jwidget Integration Tool Brings Free Image and
Video Sharing to Leading Social Media and eCommerce Sites

Photobucket tool enhances user experience by allowing members to share and publish photos and videos without leaving partner sites

Palo Alto, California – June 14, 2006 – Photobucket , the world’s leading visual content hosting and publishing service, today announced the availability of the Photobucket Jwidget, an industry-first tool that enables any Web site to provide free image and video hosting for its users, leveraging Photobucket’s proven platform. In addition, Photobucket's content moderation operation aggressively removes objectionable material, providing a value added service for partners.

Consumers want to personalize and enhance their online experience on multiple sites. This requires them to use multiple browser windows to do simple things like share images and videos at the destination sites where they hang out. The Photobucket Jwidget streamlines the user experience by keeping consumers on the destination site to upload and link their digital content. Photobucket’s existing 18 million members can quickly publish content stored at Photobucket to those partner destination sites in a few easy steps.

“The Photobucket Jwidget brings social media and ecommerce sites free and reliable image and video hosting, and access to Photobucket’s world-class content moderation,” said Alex Welch, Chief Executive Officer, Photobucket. “It is our goal to make it extremely easy for our members to express themselves visually on a variety of Web sites, and for our partners to enable their members to have the best image and video sharing experience possible.”

Photobucket members currently link images and videos to over 60,000 social networking, blogging, ecommerce Web sites and discussion forums. The Photobucket Jwidget is an ideal solution for destination sites like these that want to allow members to quickly and easily link images and videos, without toggling back and forth between their Photobucket account. The Photobucket Jwidget is a free plug-in that can be implemented in minutes, giving any Web site image and video hosting and publishing functionality at no additional cost.

"Our members use Photobucket tools to enhance their online experience," said Jeremy Verba, CEO of Piczo. "By implementing the Photobucket Jwidget, our users can easily access their Photobucket content within Piczo itself. The Photobucket Jwidget improves our members’ experience on Piczo by allowing them to spend more time designing their personal Web sites."

The Photobucket Jwidget is a simple iframe (or IFRAME) that lives within the pages of third party Web sites and allows members to access and publish images and video content from their Photobucket accounts. Photobucket Jwidget is a free, self-service plug-in that can be implemented in minutes on any Web site.

For more information on the new Photobucket Jwidget, or for instructions on how to get this for your site, please go to http://www.photobucket.com/jwidget/

About Photobucket
Photobucket provides a simple, fast, and reliable service that enables efficient sharing and publishing of visual digital content online. Images, graphic art, and videos can be directly linked from Photobucket to any site, including popular sites like eBay, Gaiaonline, Piczo, Blogger, LiveJournal, Facebook, Bebo, Friendster, and Myspace.

Photobucket was founded in 2003 by Alex Welch (CEO) and Darren Crystal (CTO). Two years later, Photobucket was named the fastest growing site of 2005 according to Nielsen/Netratings and now ranks as a Top 100 site by reach according to all of the major ranking services. Photobucket was profitable last year and has been funded primarily by earnings. As of June 2006, Photobucket had 18 Million users growing by over 70,000 users per day. Photobucket serves over 50 Billion images per month. Photobucket is based in downtown Denver, Colorado with business and sales office in Palo Alto, California.

May 16, 2006

Press Release - 05.16.06 - Photobucket Raises $10.5 Million From Premier Silicon Valley Venture Capital Firm

PHOTOBUCKET RAISES $10.5 MILLION FROM
PREMIER SILICON VALLEY VENTURE CAPITAL FIRM

Gus Tai of Trinity Ventures joins Photobucket’s Board of Directors

Palo Alto, CA – May 16, 2006 – Photobucket (www.photobucket.com), the world’s leading visual content hosting and publishing service, today announced that the company has secured $10.5 Million in a second round of funding. Trinity Ventures led the Series B round as a new investor.

The financing will be used to further accelerate market share gains and revenue growth, while maintaining a disciplined and financially sound P&L. Photobucket was cash-flow positive last year, and is profitable.

Photobucket is a consumer visual media hosting and publishing service with over 16 million members and 10 million unique monthly visitors, according to Media Metrix. 2 million new members sign up each month. Members upload personal visual content including videos, images and graphic art and link it to over 50,000 social media, ecommerce, blogging and discussion Web sites like eBay, MySpace, Blogger, and Neopets. Photobucket serves over 50 billion image and video requests per month. Since the launch of its video services in April 2006, Photobucket members have uploaded nearly 1 million video clips at a rate of over 30,000 new videos per day.

“We are very excited about Photobucket because of their leadership position in this large market, the accelerating momentum they have, and the great team they have assembled,” said Gus Tai, General Partner at Trinity Ventures. “Photobucket is in a leadership position and has continued to demonstrate acceleration in their organic growth. It is a testament to the unique value proposition and quality of service they have developed over time.”

Trinity Ventures General Partner and industry veteran Gus Tai will join the Photobucket Board of Directors. Gus’ decades of experience in the consumer services and software industries make him a superb fit with the Photobucket management team. At Trinity, Gus focuses on company formation and accelerated growth of leading-edge consumer service and technology firms. Gus led the initial institutional investment in a number of related companies including Blue Nile, SpeedEra Networks, PlayFirst, MSpot, Modulus Video, WetPaint and ScanR. He has also worked as a close partner and investor in other companies whose technologies touch end-users, such as Sygate and KIVA Software.

“What is exciting to us about Gus and Trinity Ventures is their energy, thought leadership, and the value they place on building lasting relationships,” said Alex Welch, Chief Executive Officer, Photobucket. “Gus recognizes and truly appreciates the value and potential Photobucket has.”

To sign up for a Photobucket account, visit www.photobucket.com.

About Photobucket
Photobucket provides a simple, fast, and reliable service that enables efficient sharing and publishing of visual digital content online. Images, graphic art, and videos can be directly linked from Photobucket to any site, including popular sites like eBay, Gaiaonline, Piczo, Blogger, LiveJournal, Friendster, and Myspace. Photobucket was founded in 2003 by Alex Welch (CEO) and Darren Crystal (CTO). Two years later, Photobucket was named the fastest growing site of 2005 according to Nielsen/Netratings and now ranks as a Top 100 site by reach according to all of the major ranking services. Photobucket was profitable last year and has been funded primarily by earnings. As of April 2006, Photobucket had over 16 Million users growing by over 65,000 users per day. Photobucket serves over 50 Billion images per month. Photobucket is based in downtown Palo Alto, California with technology operations and development based in Denver, Colorado.

About Trinity Ventures
Founded in 1986, Trinity Ventures is a value-added investor that provides capital, networks and resources to early-stage software, Internet services, communications and networked systems companies. With more than $1 billion under management, Trinity Ventures has invested in and worked closely with leading companies such as Blue Nile, Crescendo Communications, Extreme Networks, Forte Software, LoopNet, SpeedEra Networks, Starbucks and Sygate. Trinity Ventures has offices in Menlo Park. For more information visit www.trinityventures.com.

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April 26, 2006

Press Release - 04.26.06 - Photobucket Launches Internet Video Hosting and Sharing Tools

Photobucket Launches Internet Video Hosting and Sharing Tools
for its 15 Million Members

Leading photo and video hosting & publishing service provides 1GB of free storage,
and the easiest way to upload once and link anywhere on the internet

Palo Alto, California – April 26, 2006 – Photobucket , the world’s leading visual content hosting and publishing service, today announced the launch of Photobucket Video, the fastest, and easiest way to upload and publish videos online at www.photobucket.com.

Inexpensive digital photo and video cameras are now widespread, but users are often challenged when it comes to moving their personal photos and videos online, to commerce and social networking Web sites like eBay, MySpace, and to personal blogs. Photobucket offers consumers an easy way to upload once, and share their photos and videos across multiple sites from a central location using simple linking.

Photobucket currently serves over 63 percent of all links to social networking Web sites, distributing more than 50 billion image requests per month – around 2 percent of all US Internet traffic. Photobucket has nearly 15 million registered members, and is growing at a rate of over 65,000 new members per day. Photobucket members are currently adding over 4 million new images daily (45 new images per second).

“The volume of personal photos, art, and video continues to skyrocket, but sharing that content online is often confusing and complicated,” said Alex Welch, Chief Executive Officer of Photobucket. “Since day one, our members have told us they want an easy way to express themselves visually on a variety of Web sites. We make it easy for our members to upload and store their original images, graphic art, and videos, then link that content anywhere on the Internet.”

Photobucket’s founders have experience building large scale hosting and telecommunications infrastructure. They built Photobucket to store and deliver exceptionally high volumes of images and videos at an unparalleled speed and reliability, without the lags, chop, and delays that can disrupt the visual experience. At peak times, Photobucket serves over 30,000 images and videos per second.

Most consumers do not own web servers for storage and publishing. They also don’t want to upload their videos and photos multiple times to different Web sites. Photobucket gives users 1 GB of storage for free, and up to 5 GB with a premium account; this storage is equivalent to around 50,000 images or 5,000 3 to 5 minute videos.

"Our members use Photobucket to enhance their online experience," said Paul Remer, CEO of Piczo. "By integrating with Photobucket’s Plugin, we have given our users the ability to easily access their Photobucket content within Piczo itself. Photobucket's plug-in improves our members’ experience on Piczo by allowing them to spend more time designing their personal websites."

“Photobucket's image and video hosting service is very popular with our members,” said James Cao, Founder of Gaiaonline. “By hosting our members’ images & videos, Photobucket allows us to focus on building a vibrant community. Photobucket is a great partner for us and for our members.”

Photobucket Video offers the fastest and easiest way to upload and share video over the Internet. Members upload videos in any standard video format (mpeg, avi, etc.), and Photobucket performs a real-time conversion to a flash format that users can then publish and share immediately. Flash is supported by virtually every browser, and displays video inside the context of the web page. As a result, Photobucket video can be viewed quickly and easily, without launching a separate video player.