Pixable Secures $3.6 Million Series B Financing

Pixable has announced that the company has closed $3.6 million in series B financing from companies such as Menlo Ventures (News - Alert), a Silicon Valley firm with investments and MOG, IMVU, Roku, Flurry, and SpeedDate.

Pixable has enabled over a million users to manage their online photos with a powerful set of features centered around photo search, aggregation, editing, and photo-product creation.

To manage the increasing traffic across multiple platforms, including Web, iPad, iPhone, and Android (News - Alert) devices, the funds will be used to further scale the company's engineering team and infrastructure. By categorizing and ranking videos your friends are watching and sharing on Facebook (News - Alert) and Twitter, Pixable will soon integrate video into its Photofeed app, the company has announced.

“Menlo Ventures is well known among the technology industry for its ability to spot new trends and winning companies, and we are pleased to have their support,” said Inaki Berenguer, CEO of Pixable. “With billions of photos shared online every day, and a new generation of photo-related startups flooding the market, it's easy to miss the photos that are most important to you.”

Pixable Photofeed has added photo sources such as Instagram and Flickr, debuted iPad and iPhone (News - Alert) versions of its app, and sorted and ranked over 10 billion photos for its 500,000 users since its launch in January. Pixable closed a $2.5 million series A financing, led by Highland Capital Partners (News - Alert), in June of 2010. From a variety content sharing sites across their networks, Pixable helps its users aggregate and organize photos and videos, with plans to add more sources in the future.

Recently, the company announced the release of its Photofeed app for the iPhone. Photofeed for the iPhone aggregates photos from Facebook, Flickr and Instagram - just as it has done for its popular Facebook and iPad apps. Images are organized into categories such as “Popular Photos of the Week,” “Popular Photos of the Day,” “New Profile Pics,” “Top Instagram Photos” and “Top Flickr Photos,” the company stated in a press release.