iMemories Raises $6.2 Million From Capital Southwest

Posted Aug 13, 2009

IMemories is a company that hosts web space for storing and sharing images and videos.  The company has raised $6.2 million Series B from Capital Southwest.

?Personal images have never been more important. Videos and photos are woven into people?s daily lives, identities and their connections to both past and present,? stated iMemories founder and CEO Mark Rukavina. ?Images are more front-and-enter than ever before and have solidified their role as the new social currency of personal status, connection and expression.?

iMemories has raised a total of $11 million thus far.  Bill Ashbaugh has joined the board of directors for iMemories.  Ashbaugh is an SVP of Capital Southwest.