Photobucket Acquires Milyoni
Summary
Photobucket Corp., a Denver, Colorado-based online photo sharing and print community, has acquired Milyoni, a Pleasanton, California-based provider of social videos and maker of Madcards.Along with the acquisition, Milyoni CEO John Corpus joined Photobucket as chief revenue officer.Madcards converts digital content, including video and photos into actionable cards for engaging mobile consumption, collection and sharing.Led by Tom Munro, CEO, Photobucket serves over 120 billion photos and videos to over 3 million websites every month.It now plans to integrate the Milyoni social platform and combine with Photobucket’s reach across the Internet, enhancing the user experience on mobile.
Funding
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