MIAMI, Dec. 10 /PRNewswire/ -- Scrapblog, Inc., the first web-based service for creating and sharing multimedia scrapbooks online, today announced it has received funding from Steamboat Ventures, a venture capital fund affiliated with The Walt Disney Company. With the investment, David Min, principal of Steamboat Ventures, has joined Scrapblog's board of directors.
Scrapblog's service allows users to create multimedia scrapbooks online using photos, video and audio as well as a variety of creative elements. Since Scrapblog's launch this April, over a million scrapblog pages have been created. The company has recently attracted significant distribution partnerships including March of Dimes' Every Baby has a Story, ABC's Ugly Betty and ABC Family's 25 Days of Christmas. The company expects to launch several additional partnerships around travel, weddings and parenting memories over the next few months.
"Scrapbooking is a growing industry that is quickly expanding online," said David Min, principal of Steamboat Ventures. "Scrapblog has pioneered online scrapbooking by creating a tool that is extremely flexible and intuitive. It has strong appeal to consumers and the potential to provide real value to brands' online initiatives."
"I am excited to welcome David and Steamboat to our team. Steamboat's strategic support is now a palpable component of Scrapblog's leadership in online scrapbooking," said Carlos Garcia, co-founder and CEO of Scrapblog. "Steamboat shares our vision of enabling creativity online and is continually impressed by the scrapblogs our users create."
Steamboat Ventures' investment constitutes a Series A1 funding round. Scrapblog held a Series A round with Longworth Venture Partners immediately prior to its work with Steamboat Ventures.
Links and Media
Logos and Screenshots
Sample Scrapblogs -
http://www.scrapblog.com/viewer/viewer.aspx?sbId=128308
http://www.scrapblog.com/viewer/viewer.aspx?sbId=37848
http://www.scrapblog.com/viewer/viewer.aspx?sbId=112873
http://www.scrapblog.com/viewer/viewer.aspx?sbId=94822
http://www.scrapblog.com/viewer/viewer.aspx?sbId=95188
http://www.scrapblog.com/viewer/viewer.aspx?sbId=50505
March of Dimes - Every Baby has a Story
ABC - Ugly Betty
ABC Family - 25 Days of Christmas
About Scrapblog, Inc.
Scrapblog is the first web-based service for creating and sharing multimedia scrapbooks online. It enables everyday people to express themselves online in creative ways. Users can aggregate their photos and videos from multiple online sources and mix them with music, audio, text and thousands of creative elements in an environment that is truly drag-and-drop-easy and free. Scrapblog, Inc. is privately held and based in Miami, Florida. For more information on Scrapblog and its features, please visit http://www.scrapblog.com/.
About Steamboat Ventures
With offices in Los Angeles, Shanghai and Hong Kong, Steamboat Ventures is a global venture capital fund that invests in digital media, consumer and technology companies in the U.S. and Asia. Steamboat Ventures pursues a distinctive investment strategy, cultivating investment opportunities that are simultaneously financially promising and also possess the potential to have significant strategic interest to The Walt Disney Company. Founded in 2000, Steamboat Ventures has invested in a range of leading digital media and consumer technology companies, including: Fastclick (acquired by VCLK), Iridigm Display Corporation (acquired by QCOM), Pure Digital Technologies, Quigo Technologies, Move Networks, 56.com, and UUSee. For more information, please visit http://www.steamboatvc.com/.
About Longworth Venture Partners
Longworth Venture Partners is a Boston-based venture capital firm that invests in early-stage software, internet and media companies. For over twenty years, the Longworth team has founded, built and led investments in some of the most innovative and successful technology companies. The firm combines a proven track record of entrepreneurial and operating success with top venture investing performance to support entrepreneurs in building the next generation of technology leaders. For more information please visit http://www.longworth.com/.
Scrapblog, Inc.
