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Submitted URL: http://techcrunch.com/2013/01/03/source-shutterfly-to-acquire-slick-photo-sharing-and-storage-startup-thislife/
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SOURCE: SHUTTERFLY TO ACQUIRE SLICK PHOTO SHARING AND STORAGE STARTUP THISLIFE

Leena Rao@LeenaRao / Invalid DateTime•
comment Comment

We’ve heard a rumor that Shutterfly, the photo and personal publishing company
founded in 1999, is set to acquire online photo sharing and storage startup
ThisLife. We’re hearing the acquisition price is around $25 million.

The service was founded in 2010 by husband-and-wife team Matt and Andrea
Johnson. While there is no shortage of cloud-based photo storage apps (including
Shutterfly), ThisLife’s interface is pretty slick compared to some of the
dinosaurs in the space.

The startup had previously raised $2.75 million in funding led by Madrona
Venture Group with participation from Morado Ventures, Rogers Venture Partners,
Animoto co-founder Brad Jefferson, Isilon co-founder Sujal Patel, and YouSendIt
CEO Brad Garlinghouse.



ThisLife lets you import your photos from most of the popular online
photo-sharing sites (Facebook, Instagram, Picasa, Shutterfly, Flickr, Twitter
and SmugMug), but it also comes with a desktop uploader (Mac and Windows) for
transferring your iPhoto galleries and uploading folders or individual files. If
you decide to connect your account to other online photo services, ThisLife will
also regularly import your images from there to make sure they are stored in a
safe spot.

Once uploaded, the service displays your images, which are shareable, on a
timeline that scrolls horizontally. Other compelling features of the service are
an algorithm that always gives preference to the file with the highest
resolution, as well as a facial-recognition tool that makes it easier to tag
people in your photos (and that can get names and other data from your Facebook
account if you connect the two). And the company’s pricing is relatively
inexpensive.

Shutterfly may be interested in the the company’s algorithm, and engineering and
product talent. The company has been making acquisitions left and right, most
recently buying Penguin Digital. Shutterfly picked up online stationery company
Tiny Prints; bought Nexco, which became Shutterfly share sites (private
photo-sharing networks); and acquired Photoccino, which had developed 29
algorithms for sorting through photos. Earlier this year, the company announced
the acquisition of bankrupt-ridden Kodak’s online photo-sharing platform for
$23.8 million.

Shutterfly declined to comment on this report.

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SOURCE: SHUTTERFLY TO ACQUIRE SLICK PHOTO SHARING AND STORAGE STARTUP THISLIFE

Leena Rao
Invalid DateTime•
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