This week Preclick closed its Series A financing round of $1.6 million by investors LORE Associates, Mid-Atlantic Angel Group, Robin Hood Ventures, and SJFVentures.
The company's DEMO '07 debut of Preclick IPM (Instant Photo Messenger) demonstrates its attraction for investors -- the company makes innovative software for digital photos and Web services for industry leaders Wal-Mart, Hewlett-Packard, Costco, 3M, Sandisk, DotPhoto and others.
"With Wal-Mart and Costco distribution, Preclick photo software reaches 40% of US retail photo customers," said Peter Nalle, a MAG investor. "Preclick has created the largest consumer channel to serve digital media and sharing needs."