Press Release – 01.17.07 – 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
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.”
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.