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Miami’s Scrapblog pastes down series A-1 round

December 10th, 2007

MIAMI—Scrapblog, which provides an online service for creating and sharing multimedia scrapbooks on the Web, has received Series A-1 funding in an undisclosed amount from Steamboat Ventures, following on $2.5 million raised from Longworth Venture Partners earlier this year.

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.”

On the Web: www.scrapblog.com; www.steamboatvc.com; www.longworth.com

 

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