Tuesday, May 13, 2008

BrightQube Raises $650K

Carlsbad-based BrightQube has raised $650,000 in a convertible note financing for its software for finding stock photography, according to the Tech Coast Angels. The Tech Coast Angels said that its San Diego chapter led the funding of BrightQube with a $200,000 investment, which also included the Pasadena Angels and unnamed insiders. BrightQube is targeting the online stock photography market with its online tool for searching for stock images; the firm's software allows users to pan and scroll quickly through images to find the right one. The company also said it will be developing its own collection of content. The firm's CEO, Lee Corkran, has previously served at HP, Digital Railroad, Pixology, Yahoo! Photos, PictureIQ, and Kodak. More information »