Smilebox founder Andrew Wright hangs angel investor shingle, bankrolls consumer Internet startups

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Let’s face it: Seattle needs more angels — the folks who can write checks to support the next-generation of entrepreneurial talent in the region. And the best way to get more of these angels is for experienced entrepreneurs — those who’ve already met with some financial success in past endeavors — to commit some of… Read More…

Newsmakers 2011: Smilebox CEO Andrew Wright builds big business on life’s little moments

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It’s that time of year when folks start thinking about connecting with family and friends through holiday cards. And Smilebox CEO Andrew Wright has certainly seen his fair share of interactive creations over the years. Since its launch in 2006, the Smilebox software has been downloaded by more than 15 million people and over 180… Read More…

Photo sharing service Smilebox sells for up to $40 million

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Smilebox, the six-year-old Redmond company that lets users create electronic greetings with their photos and videos, has agreed to be sold to Tel Aviv, Israel-based IncrediMail Ltd. for up to $40 million. The deal includes $25 million in upfront cash, and another $15 million if certain milestones are met. No big changes are expected as… Read More…