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Bit.ly

URL Shortener Bit.ly Raises $10 Million From AOL Ventures, Others

Oct 7, 2010 6:05 PM

Despite competition that is growing seemingly by the day, popular link shortener Bit.ly has raised $10 million in its latest round of funding. Bit.ly says it now shortens more than 200 million links a day, up from about 75 million a year ago, a feat that is especially impressive considering…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Facebook, Google, Twitter, aol ventures, betaworks, bit.ly, david shen, founders fund, joshua stylman, mitch kapor, oatv, peter hershberg, rre ventures, sv angel

Bit.ly Wants To Make Money With A News Service; But Will Anyone Pay For It?

Jul 31, 2009 4:00 PM

URL-shortener bit.ly has quickly become the platform of choice for people who want to share content on Twitter—with its links generating an average of over a billion clicks each month. But as with all popular social-media tools, the inevitable question of how bit.ly plans to support itself (and deliver a…

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Posted In: Media & Publishing, Online News, Social Media, Twitter, bit.ly

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