Pixorial announces July 18 shutdown after seven years of operation

By: InnovatioNews Wednesday June 18, 2014 0 comments Tags: Andres Espineira, Centennial, Pixorial

 

CENTENNIAL - Pixorial Inc., a video-and-photo-sharing company, is discontinuing its services on July 18, the company announced to its users on Tuesday.

"Today, we are sorry to announce that the Pixorial service will shut down on July 18, 2014," the announcement said.

"Making this decision was extremely difficult for our team because Pixorial has over 636,000 users, 2.7 million minutes of video and countless photos, and we know that this media represents your most meaningful moments.

"Earlier this year, Pixorial initiated discussions with numerous companies about an acquisition or other strategic transaction to ensure Pixorial's mission could continue. We were very pleased to find a high number of interested parties and hear very positive reviews about the completeness and strength of the platform we've built.

"Unfortunately, we did not receive an offer reasonable enough to ensure the continued operation of Pixorial's service.

"Our highest priority has always been enabling you to preserve and share your most important photo and video memories, so the Pixorial service will be available through July 18, 2014 to give you sufficient time to download all your media or transfer it to another cloud storage site. We will strive to make this process as easy as possible for you, our loyal customers."

Pixorial was found in 2007 by Andres Espineira, a former Netscape employee.

An FAQ on the shutdown is posted on the company's website.