Chatbooks, a digital photo book subscription service based in Provo, Utah has raised $11.5 million in Series B funding. The company has raised $20 million to date.
The round was led by Aries Capital Partners with participation from existing investors Signal Peak Ventures and BYU Cougar Capital.
“We are delighted to partner with Nate and Vanessa [Quigley] and the talented management team at Chatbooks,” Andrew Dent, partner at Aries Capital Partners, said in a statement. “Photos are some of our most valuable treasures, but in the digital age many photos are buried on electronic devices and rarely viewed. Chatbooks helps customers to literally hold onto and enjoy these valuable treasures in an easy, affordable, and organized way.”
Vanessa Quigley co-founded Chatbooks with her husband Nate Quigley and Steven Bentz in 2014 as an online subscription-based service that automatically turns digital photos including Instagram, Facebook and your phone’s camera roll pics into photo books.
You can score a Chatbook for as low as $8 for a 60-page photo book.
Company executives said they will use the new investment to push its sales and marketing efforts, develop and launch new products and expand into international markets.
“We’re on a mission to make creating photo books as easy as taking a picture,” Vanessa said.