Company: Sharpcast
Description: Develops software that allows users to synchronize their photos across all their devices.
Competitors: Yahoo, Vizrea
Location: Palo Alto
Amount Raised: $13.5 million
Round: Second
Date Announced: 3/8/06
VC Firms: Sigma Partners, Draper Fisher Jurvetson, Selby Venture Partners
VC Directors: Greg Gretsch, Andreas Stavropoulos, Doug Barry
Quick Take: It's a cool feature going after a huge market. Management team led by Gibu Thomas is solid and energetic (see picture below). But this isn't defensible. I'm unclear how a company can be built around synchronizing and backing up digital photos when there is oh so much clutter in this segment. Sure, it could be applied to other areas of digital media, but by then it could be too late to target that. Sub-$50 million trade sale to HP or Yahoo! is the most likely exit. — Joshua Jaffe

Technology (1 out of 10): 2
Market (1 out of 10): 8
Management (1 out of 10): 7
Chances for IPO (1 out of 10): 2
Overall VC Rating (1 out of 10): 3

For more on Sharpcast's fundraising, see: Silicon Beat
Go to Sharpcast's press release

Technorati tags: sharpcast, sigma, dfj, selby, vc, venture capital