Wednesday, November 28, 2012

After One Month, MyShoebox Tops 13M Photos Stored, Averaging 3,275 Per User

MyShoebox LogoToronto-based cloud photo storage startup MyShoebox today announced a major milestone: the company has already stored and indexed 13.4 million photos from its users, in just its first month of availability, which represents more pictures than are stored in the entire Library of Congress. MyShoebox is also now storing an average of 3,275 photos per user on average, up significantly from the 2,600 it was managing for each user after its first week. Founder and CEO Steve Cosman took the stage today at Extreme Startups Demo Day, where MyShoebox was among the accelerator’s current cohort. Cosman shared his startup’s impressive early traction, which represents strong performance for a company ostensibly entering a competitive space that includes Facebook, Flickr, Dropbox and other heavy hitters. In fact, it captures 27 times more pictures than Flickr. MyShoebox offers a cloud photo storage service that goes beyond what most of those other companies provide, however, with a tool that can scan every photo on your computer (or in specific subfolders only), upload those to the cloud and make them available across devices for later viewing, complete with automatic organization options that group photos by location, the type of device they were taken with, dates and more. It also uses a clever implementation of natural language processing for easy search and filtering of your images. For free, MyShoebox offers access to 1024 max pixel width versions of all your photos from its servers. For a $5 monthly subscription, you can upgrade to a premium plan that allows access to full resolution versions of all pics stored on the service. Users signed up for the service so far are all still on free trials, since the service launched less than 30 days ago, but the payment system for the product went live two days ago, and already the company is starting to see its first revenue roll in from users. While it’s too early yet to talk about conversion rates, Cosman explained why he has high hopes that free users will turn into paying customers. “The more photos a user has in the system, the more likely they are to convert to our Pro plan,” he said. “MyShoebox was created to unify your photos across all your devices, so our product design aligns to our business. The more places you install MyShoebox, the more value you see and the more likely you are to pay for

Source: http://feedproxy.google.com/~r/Techcrunch/~3/3Po3Bg10OpU/

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