
PhotoWorks
Image Services, Digital Photo Services, Photo Scanning, and other Photo Services | Shutterfly.
- Media
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
In the late 1990s, the internet was changing everything, including how people handled their photos. A Seattle-based company, founded in 1999, saw this shift and launched PhotoWorks, an online platform for photo publishing and storage. The business allowed users to move from film to digital, offering processing, printing, and online archiving for their images. The company provided services for various film types and allowed customers to get prints and digital copies from the same roll. To grow, PhotoWorks secured significant venture capital, raising $20.6 million over six rounds from investors like Madrona Venture Group and Orca Bay Partners. This funding helped them compete in the increasingly crowded digital photo space. As the market evolved, consolidation became the key to survival. In a strategic move to expand its market share and user base, rival company Shutterfly acquired PhotoWorks in May 2011. The acquisition marked the end of PhotoWorks' journey as an independent company but integrated its services into a larger platform, reflecting a common narrative in the fast-paced tech industry of that era.