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Shutterfly latest company to raise money for photo services

Lots of action in the online photo sharing and services sector lately.

Shutterfly, the Redwood City online digital photo service company, has secured $20 million of a $40 million Series F funding round, according to a regulatory filing reported on by PE Week. Significant shareholders include Mohr, Davidow Ventures and Jim Clark's Monaco Ventures (yes, Jim Clark the former Netscape guy; apparently, though, there is very little public about Monaco). The company has raised $90 million in total VC funding since its 1999 inception.

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