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Tuesday, June 09, 2009

Palo Alto-Based Picaboo Lands $1 Million in Funding

Palo Alto, Calif. -- Picaboo, the Palo Alto-based developer of a custom online photo book and card printing service for consumers, has raised $1 million in new funding, according to a filing with the Securities and Exchange Commission (SEC). The company now has raised nearly $3 million since its founding in 2006. Picaboo competes in the growing market for custom photo books with Blurb, Viovio, SmileBooks, Snapfish, Shutterfly and Kodak. The company's previous backers include New Enterprise Associates, CampVentures, Odyssey Research, Softbank Capital Venture Partners and Kleiner Perkins Caufield & Byers.

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