Seattle-based startup Picnik rocks in so many ways that it would be hard to list them, but we should mentions at least a few: a great team, an amazing product, and a staggering dedicated userbase. These are all nice things to have if you can manage it, and there is no doubt that Picnik does.
Foundry helped on the SEO and Ad Ops fronts. To say that it is a pleasure working with this team would be an understatement. We highly recommend that you keep eye on Picnik to see what develops.