Photobucket issues $3.19 million worth of securities


XDATA – August 12th 2014

photobucket92% of Photobucket‘s $3.48 million unregistered private offering was placed almost two weeks ago. The non-brokered equity securities were subscribed by four investors. The first close garnered $3.19 million. Until this disclosure Photobucket had raised an estimated $8.72 million in unregistered securities via one previous financing round.

The company is an image and video hosting website. The company offers a host of web-based services to share, edit and print pictures.

The company is headquartered in Denver CO. Photobucket elected to keep its revenues undisclosed.

The executive team includes Matt Pullam and Tom Munro.

The board of directors includes Bill Mcaleer, Erik Moreno, Liping Fan, Ren Riley, Steve Coffey and Tom Huseby.

The company has raised an estimated total of $11.91 million via private unregistered security offerings.

Offering recap

Status: First close

Company: Photobucket

Industry: Other Technology

Amount offered: $3.48 million

Amount placed: $3.19 million

First sale: 07-30-2014

Data as of: 08-12-2014

For more information visit www.XDATA.co

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s