PayPal Founder’s Photo Sharing Service Slide Gets Funding

Slide, a photo sharing start-up that allows users to publish online slideshows of photos and other digital media, has received additional (third round, I think) funding. new financing round was led by Mayfield Fund and includes investments from Khosla Ventures and two previous investors, BlueRun Ventures and Founders Fund. This is Vinod Khosla’s first digital media investment in a while, after he moved into investing in environmental friendly technologies.
Slide was started by Max Levchin, co-founder of PayPal…exact terms of the funding were not disclosed, but Levchin said: “It is in the millions.” Levchin says his site is in a new category he describes as online storytelling through multimedia, a focus that is meant to distinguish it from many photo-sharing sites…FilmLoop, which also helps users create online slideshows, is most frequently compared to Slide.
VentureBeat: The amount remains undisclosed, but it is more than the company got for its second round, which was $8 million, the post says. That gives the company near or north of $20 million in total funding, putting it comfortably on the list of best-funded Web 2.0 companies in Silicon Valley.