Joseph Tartakoff
Mar 3, 2011 12:15 PM
Demand Media (NYSE: DMD) has made its first acquisition since its initial public offering in January, purchasing popular live blogging tool CoveritLive. The purchase will bolster Demand Media’s Pluck social media platform, which lets customers add online forums, photo galleries, and other social tools to their sites.
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Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, coveritlive, demand media
Rafat Ali
Aug 17, 2009 9:12 PM
Demand Media, the Santa Monica-based online media company, is doing its first strategic investment: it is taking a minority stake in Coveritlive, the live blogging/event coverage tools firm. The tools from Coveritlive will be integrated within Pluck, Demand’s social media enterprise tools company and Demand will market, resell and service…
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Money, M&A & Venture Capital, Venture Capital, Social Media, coveritlive, demand media
Tameka Kee
Jan 29, 2009 11:17 AM
Liveblogging service CoverItLive (CiL) has secured $1 million (about $1.2 million Canadian dollars) in a first round of funding. Seed investor Flagstone Capital participated in the round, along with private investor Paul Kedrosky. The Toronto-based startup’s platform lets users post and update content, insert video and images, and set up…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Canada, coveritlive, flagstone capital, paul kedrosky
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