LicenseStream - Evaporating Into Thin Air?

For many days recently, the LicenseStream web site has been down. ImageSpan (Which modified it's name to LicenseStream in Jan of 2011), was the corporate behind LicenseStream, and beaked the location as "the market-leading licensing and royalty payment automation platform for all media varieties and businesses." Yet, we've got ne'er extremely seen a functioning business model that we tend to thought would work.

More than one LicenseStream worker was on-the-scene at PhotoPlus accumulation back in Oct in the big apple town probing for a brand new place of employment, stating that the corporate solely had enough cash to last through the tip of December, as they spoke to prospective employers. Oddly, as Digital Railroad ( the formal on-line portal for image archiving, marketing, and sales, yet as a shopper delivery platform) went down in flames many years agone, they shopped their company around so, with no consumers, closed operations with very little warning to shoppers. LicenseStream has, in keeping with sources, not been doing thus - a minimum of not amongst prospective consumers that may be to require over operations that we tend to checked with. Whispers of friendly employees telling image homeowners that they had relationships with to backup their pictures & information haven't been supported, however, with enough chatter on the topic, and therefore the risks if the info is not redundant, we tend to powerfully encourage you to possess all of your LicenseStream content archived, either way.

LicenseStream secured Series A funding back in Gregorian calendar month 2007 (here) and another $11,000,000 in Gregorian calendar month of 2008 as a region of a second spherical of funding (here). In Apr of 2010, a brand new chief executive officer was brought in, and another spherical of funding, beaked as "growth financing", with associate degree unreported quantity of extra funds (here).

In getting ready for this posting, we tend to checked one last time and located that the web site, a minimum of as of this business enterprise, was duplicate. maybe it absolutely was simply a multi-day website crash over the vacations, or maybe it absolutely was a harbinger of things to return.
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