Carousel allows users to store unlimited JPGs in the cloud, edit and enhance them on the go, and makes it easy for users to share their photos as well. Adobe will be releasing apps for iPad and iPhone on the App Store, as well as an app on the Mac App Store. Android and Windows apps will be coming eventually.
The editing portion is the same technology built into Photoshop Lightroom. It allows users to "fix exposure, white balance, and saturation with a single click, or use sliders to make nuanced adjustments to contrast, brightness, vibrance, and more."
Adobe Carousel is a subscription based service costing US$59.99/year or US$5.99/month. The apps will be released later this year.