Media conversion startup PeggyBank surpasses 10,000 usersJanuary 16, 2013 by Danny Schreiber
PeggyBank founder Jim Simon (far left) poses with part of his startup’s team.
Less than a month into the new year, 2013 has already brought some pretty sizable milestones for Omaha-based startup PeggyBank, an online service that converts users’ legacy media, like home movies, slides and negatives, into digital content that is hosted online and sharable via social media.
“We surpassed 10,000 accounts today, so that was really exciting,” founder Jim Simon said Jan. 10.
With a completely revamped “PeggyVault,” the site’s cloud storage system that users can access at any time to view their digitized materials, and other new features like Facebook integration and the ability to purchase gift cards, Simon is certain that PeggyBank is ready to cater to a larger user base.
“We’ve just become far more efficient in the ways we handle orders internally,” Simon said. “Everything is tracked and monitored, and we have much better communication with customers.”
While many of PeggyBank’s recent changes have been internal, Simon said that the company has made some significant changes in the presentation being offered to customers. Among those changes are a streamlined, easy-to-use PeggyVault that allows for quick sharing between social media platforms as well as an embedded Facebook plugin to allow users to post media directly to their Facebook profile.
“The presentation is much, much cleaner,” Simon said of the recent changes. “And in terms of turnaround for customers, the quality is as good as it’s ever been.”
The site, which launched in March 2011, began a few years earlier when Simon converted old home movies to digital files for a few family members. Though he soon began to realize the value in preserving customers’ old, technologically-outdated memories online, rather than transferring them to a DVD that would likely be lost or forgotten.
As we reported last February, PeggyBank raised a $500,000 Series A round from the company’s first outside funding sources. Now, with a a staff of 18, it hopes to continue expanding not only its client base but also the services it provides.
“The vault itself is just so far superior than it was a year ago,” Simon said. “That’s made a huge difference as well.”
But even with a big start to 2013, Simon and his team still have more product changes and innovations to be unveiled in the coming months.
“We have some exciting things coming down the pipes,” he said. “Be looking for even further enhancements to the (PeggyVault).”
Credits: Photo courtesy of PeggyBank.