Shutterfly, Inc. (NasdaqGS:SFLY) has drawn interest from Apollo Global Management, LLC (NYSE:APO) and Cerberus Capital Management, L.P., according to people familiar with the matter. Apollo and Cerberus said the people, who asked to not be identified because the matter isn't public. Both have discussed financing options with lenders, the people said.

Representatives for Shutterfly, Apollo and Cerberus declined to comment.