SOURCE: Slide, Inc.

November 15, 2006 09:00 ET

Slide Receives Financing From Mayfield Fund, Khosla Ventures

SAN FRANCISCO, CA -- (MARKET WIRE) -- November 15, 2006 -- Slide, Inc., which enables people to publish and discover personalized slide shows of photos and other digital content, announced today it has received additional financing. Led by Mayfield Fund, the round also includes investments from Khosla Ventures and previous investors, including BlueRun Ventures and Founders Fund. The additional capital will help Slide bolster its rapid growth with additional hires, expanded infrastructure and accelerated product development.

The company announced that Allen Morgan, managing director at Mayfield, will join John Malloy of BlueRun, Scott Banister and Max Levchin, Slide's founder and CEO, on the company's board of directors. Vinod Khosla will join Slide's board of advisors.

"Slide is one of the most exciting companies on the Web today," said Mayfield's Allen Morgan. "Slide has an experienced management team with an unbeatable track record, a phenomenal service that's grown by word-of-mouth, and a vision that puts the company at the center of the massive user-generated content trend that drives the fastest growing segment of the Web."

"First and foremost, we invest in entrepreneurs who are determined to build companies with lasting significance," said Vinod Khosla. "Max Levchin is a person who has already proven his drive, purpose and ability when he built and grew PayPal. I believe that Max and his team at Slide are leading a similar revolution in personal expression."

About Slide, Inc.

Slide helps you turn your photos and other digital content into Slide Shows that you can watch and share on your Web site or desktop. Launched in 2005 by PayPal co-founder Max Levchin, Slide is dramatically changing the way you find and discover the people and things that matter to you. What's in your Slide? Find out on www.slide.com.

About Mayfield Fund

Mayfield Fund provides "venture capital with impact" by partnering with exceptional individuals to create industry-leading companies. Mayfield has domain expertise in consumer Internet technology, communications/mobility and enterprise software. The firm has $2.4 billion under management and a team of twelve investing professionals. Since Mayfield's founding in 1969, the firm has invested in more than 470 high-growth companies, taken more than 100 public, and more than 150 have merged or were acquired. For more information, please visit www.mayfield.com.

About Khosla Ventures

Khosla Ventures offers venture assistance, strategic advice and capital to entrepreneurs. The firm helps entrepreneurs extend the potential of their ideas in both traditional venture areas like the Internet, computing, mobile, and silicon technology arenas but also supports breakthrough scientific work in clean technology areas such as bio-refineries for energy and bioplastics, solar, battery and other environmentally friendly technologies. Vinod Khosla was formerly a General Partner at Kleiner Perkins and founder of Sun Microsystems. Vinod has been labeled the #1 VC by Forbes and Fortune recently labeled him as one the nation's most influential ethanol advocates, noting "there are venture capitalists, and there's Vinod Khosla." Vinod Khosla founded the firm in 2004 and was joined by partners David Weiden and Samir Kaul, as well as chief scientific officer Doug Cameron in 2006. Khosla Ventures is based in Menlo Park, California.

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