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Canaan Partners

Social Gamer Kabam Raises $30 Million For Acquistions, Studio Expansion

Jan 20, 2011 9:24 AM

Kabam, a developer of massive multiplayer games like Kingdoms of Camelot, has raised a $30 million third round of funding to support its acquisition goals. The Redwood City company also plans to use the proceeds to produce more titles and expand its studio, which has grown from 20 employees last…

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Posted In: Advertising, Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Social Media, canaan partners, intel capital, kabam, redpoint ventures

Blip.tv Raises $10.1 Million To Promote Indie Web Programs

May 19, 2010 8:00 AM

As it approaches its fifth anniversary, online video provider Blip.tv has closed a $10.1 million third round. The round was led by Canaan Partners and previous backer Bain Capital Ventures. The new funding comes after a year in which Blip.tv was able to strike key ad-targeting and distribution partnerships with…

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Posted In: Advertising, Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, bain capital ventures, blip.tv, canaan partners

Social Shopper OpenSky Nets $6 Million Second Round

Apr 26, 2010 12:01 AM

Social shopping sites like Groupon and LivingSocial keep attracting investment dollars as consumers continue to look for online deals during a weak economic recovery. Similarly, media companies are also looking to partner—or in some cases, buy—social shoppers as a way to supplement their ad revenue streams. The latest recipient of…

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Posted In: E-Commerce, Social Media, canaan partners, highland capital partners, opensky

TweetPhoto Gets $2.6 Million For Its Own Funding Hole

Apr 13, 2010 9:52 AM

Forget about all those clever headlines about “hole-filler” filling its own funding hole. With no discernible business model, and very tough to serve ads against random uploaded pics, these Twitter-based picture sites do deserve to sink down the hole. But don’t let that hold VCs back from funding them. TweetPhoto,…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Twitter, anthem venture partners, canaan partners, tweetphoto

Video-Sharing Site Motionbox Gets $6 Million In Funding; Former VC Becomes CEO

Jan 15, 2009 5:07 AM

Video-sharing service Motionbox has picked up $6 million in a third round of funding, though it comes with a change of guard. Current investor Constellation Ventures led the round; previous investors Canaan Partners and SAS Investors also participated. The NY-based company has raised $17.2 million since its launch in 2006,…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Video, Technologies / Formats, Broadband, canaan partners, constellation ventures, motionbox, sas investors

Microsoft Helps Back N-Trig’s $24M Funding For Touch-Sensing PCs

Jan 12, 2009 8:35 AM

Microsoft (NSDQ: MSFT) has covered the chunk of Israeli tech company N-Trig’s $24 million funding, the WSJ reports. Other backers include Aurum Ventures, Challenger Ltd, Canaan Partners and Evergreen Venture Partners, Reuters was told. N-Trig, which also has offices in Austin, Texas, and Taipei, will work with Microsoft on creating…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Microsoft, aurum ventures, canaan partners, challenger ltd, evergreen venture partners, israel, n-trig

Blurb Raises $5 Million Third Round

Oct 13, 2008 5:09 PM

Web-based self-publishing service Blurb has raised around $5 million in third-round funding, according to peHUB. Previous investors Canaan Partners and Anthem Venture Partners participated in the round. Since its launch in 2004, the San Francisco-based company, which lets amateur authors create and publish their own books, has raised about $22…

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Posted In: Media & Publishing, Books, Money, M&A & Venture Capital, Venture Capital, anthem venture partners, blurb, canaan partners

ESPN Leads $80 Million Investment In The Active Network; Will Pursue Acquisitions

Aug 27, 2008 12:17 PM

The Active Network, the big provider of sports-related technology, has just closed a huge, $80 million sixth round led by ESPN. Past backers participating in the round include Canaan Partners, North Bridge Venture Partners and Performance Equity Partners. The company, which has now raised $275 million since 1999, will use…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Companies, Disney, ESPN, active network, canaan partners, north bridge venture partners, performance equity partners

ON24 Gets $8 Million For Webcasting And Virtual Trade Shows

Jul 16, 2008 12:42 PM

ON24, a provider of webcasting technology, has raised $8 million from U.S. Venture Partners, Canaan Partners, and Rho Ventures. The company has now raised over $46 million over an unspecified number of rounds. Previous raises were not announced. The company’s core technology revolves around webcasting for the enterprise, but it’s…

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Posted In: Money, M&A & Venture Capital, Venture Capital, canaan partners, on24, rho capital partners, us venture partners

Zoosk Raises $4.1 Million Second Round For Social Network Dating

Jun 12, 2008 5:33 PM

And here I thought social networking sites were already for dating. Zoosk, an SF-based startup, has raised a $4.1 million second round for a dating service that works atop social networking sites, like Facebook, Bebo and MySpace. The round was led by Canaan Partners, with participation from past backer ATA…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, ata ventures, canaan partners, zoosk

India Deals: eBay Sells Stake In Indian Ops; Bharatmatrimony Gets $11.75 Million From Yahoo & Others

Feb 5, 2008 11:57 AM

Two major Indian Internet deals today, covered in details on ContentSutra:—eBay Sells Stake in Indian Arm: Kijiji India, the Indian site for eBay (NSDQ: EBAY) classifieds, will now be jointly owned by the company and VC fund Matrix Partners..this will not affect the main eBay India site. Like most generic…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Yahoo, Countries, Asia, India, bharatmatrimony, canaan partners, ebay, kijiji, matrix partners, mayfield fund

Online Video Ad Network Tremor Media Secures $11 Million Second Round

Jan 14, 2008 8:00 AM

Online video ad network, Tremor Media is announcing today an $11 million second round led by previous investors Canaan Partners and Masthead Venture Partners. Both backers led Tremor’s $8.64 million first round, which closed in Sept. 2006. The proceeds will go towards creating new products as Tremor seeks to broaden…

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Posted In: Advertising, Marketing, Money, M&A & Venture Capital, Venture Capital, canaan partners, masthead venture partners, tremor media

Online Video Service Motionbox Receives $7 Million Funding

Dec 4, 2007 9:00 AM

Motionbox, the New York City-based online video sharing service, has received $7 million in its second round of funding. The round was led by new investor Constellation Ventures and included first round investors Canaan Partners and SAS Investors. The new round will fund the marketing and product development of the…

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Posted In: Social Media, Video, canaan partners, constellation ventures, motionbox

Vivox Raises $7.8 Million Second Round for In-Game Voice Services

Nov 13, 2007 2:23 PM

Vivox, a Framingham, Mass.-based provider of voice services for online games and virtual worlds, has raised $7.8 million in a second round led by Benchmark Capital. Previous investors GrandBanks Capital and Canaan Partners also participated. This brings the company’s total amount raised to $13.8 million, as it raised $6 million…

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Posted In: Entertainment, Games, benchmark capital, canaan partners, grandbanks capital, vivox

Peer39 Raises $8.2 Million Second Round For Natural Language Ad Exchange

Nov 1, 2007 10:45 AM

Peer39, a NYC-based ad exchange, has raised an $8.2 million second round from Canaan Partners, with participation from JPMorgan, according to VentureBeat. It has now raised $11.2 million, including $3 million earlier this year. The company is trying to apply natural language/semantic web technology to advertising, in hopes of delivering…

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Posted In: Advertising, canaan partners, jp morgan, peer39

Sports Betting Service PicksPal Raises $3 Million Third Round

Oct 29, 2007 9:24 PM

PicksPal, a site where users compete at picking sports outcomes, has raised a $3 million third round from previous investors Bay Partners and Canaan Partners, according to PE Hub. This brings its total to $9 million, as it $4 million last year and $2 million in 2005. Basically, the site…

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Posted In: Social Media, bay partners, canaan partners, pickspal

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