Wednesday, November 15, 2006

PayPal founder's photo slideshow site gets funding | Business News |

"Slide Inc., a start-up that allows Web users to publish online slideshows of photos and other digital media, said on Tuesday it had received additional funding from two top Silicon Valley venture firms.
Slide was started by Max Levchin, co-founder of PayPal, the world's most popular online payment service which was sold to online auctioneer eBay Inc. in 2002 for $1.5 billion.
Slide's new financing round was led by Mayfield Fund and includes investments from Khosla Ventures and two previous investors, BlueRun Ventures and Founders Fund. Exact terms were not disclosed, but Levchin said: 'It is in the millions.' "

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