Roeding’s New Startup Raises $2.5 Million from KPCB, Hoffman; Raising More
Cyriac Roeding, the former head of mobile at *CBS* and an EIR at Kleiner Perkins Caufield & Byers since last year, is finally moving with hi… Read more »
Outspark Raises $8.3 Million Third Round For Casual Games
Casual and social gaming company Outspark has picked up $8.3 million in a third round of funding. New investor Syncom Venture Partners led t… Read more »
Online Video Producer Generate Completes $2 Million First Round Add-On
Online video firm Generate has added $2 million to the $6 million first round it raised in March ’08, the company’s CEO Jordan Levin told pa… Read more »
BBCWW 08/09: BBC.com Ads Top £10 Million, Kangaroo Shutdown Cost £9.1 Million
photo: AP Images
BBC Worldwide is blaming its wasted Kangaroo investment and its BBC.com build-out for a loss of over £30 million from its 2008/09 digital m… Read more »
Nexage Raises $4 Million From BlackBerry Fund, Others For Mobile Ad Platform
photo: Nexage
Nexage has raised $4 million in a first round of capital to build a mobile advertising platform, which promises to fix one of the biggest st… Read more »
Takeaway Aggregator Just-Eat Served £10.5 Million Funding
photo: PR1001
Europe-wide online takeaway site Just-Eat has raised £10.5 million in VC funding from Index Ventures, in a round joined by Venrex Investmen… Read more »
Take-Two Cuts FY’09 Guidance On BioShock 2 Delay
*Take-Two Interactive* is pushing back the release of its hotly-anticipated BioShock 2 — and has been forced to lower guidance for its fisc… Read more »
Dow Jones-Backed Tributes.com Raises $1.2 Million In Second Round
Tributes Inc., the Dow Jones-backed obituaries site, has raised $1.2 million in a second round of funding from existing and new investors. T… Read more »
Interactive Marketing Firm Definition6 Gets $15 Million in PE Money
There’s still money in online marketing, if not the advertising side of it: Definition6, an Atlanta-based online marketing agency, has recei… Read more »
BusinessWeek’s Future: Potential Buyers and Uses; TVGuide Sale A Guide
The official word is out from MGH, in a carefully worded release: “The McGraw-Hill (NYSE: MHP) Companies today announced that it is explorin… Read more »
Virtual Worlds Tech Firm ProtonMedia Raises $2.5 Million Funding
photo: ProtonMedia
ProtonMedia, virtual worlds tech and services firm, has raised $2.5 million in funding, according to an SEC filing. The Pennsylvania-based c… Read more »
StrongMail Raises $7.6 Million — Likely In Order To Fund Purchase Of PopularMedia
E-mail marketer StrongMail Systems — which earlier this month said it was buying social media marketing firm PopularMedia for an undisclose… Read more »
New Facebook Investor Offers To Buy Employee Stock At $6.5 Billion Valuation
Facebook employees who don’t want to wait for an IPO (and it doesn’t look like one is coming soon) now have another way to cash out their sh… Read more »
Microsoft Steps Up Talks With Potential Razorfish Buyers
Microsoft (NSDQ: MSFT) is continuing to make the rounds of the major ad-holding companies as tries to find a buyer for its interactive shop… Read more »
QuickPlay Media Adds $12 Million Fourth Round
Mobile video and content provider QuickPlay Media has raised $12 million in a fourth round of funding. GMP Securities led the investment, wi… Read more »
McGraw-Hill Puts BusinessWeek On Block; Altman’s Evercore Is Banker
photo: AP Images
Update: MGH has officially announced it. More analysis from us, here.
I have confirmed it from a reliable source. Was on the story for the… Read more »
Matrix Partners Invests Rs100 Crore In IIT Prep Firm FIITJEE
Venture capital firm Matrix Partners India today said it has invested Rs100 crore in IIT test prep firm FIIT JEE Ltd. This is the first roun… Read more »
ManiaTV Founder Tries Bringing Studio Back From The Dead
You couldn’t ask for a more soap opera-inspired storyline. After infighting, layoffs and a failed fire sale attempt, digital content studio… Read more »
Updated: Pandora Raises $35 Million After Near-Death Experience
photo: Flickr/Thomas Hawk
Talk about a comeback. Not only has online music streaming service Pandora settled its long-standing disagreement with music labels over the… Read more »
Top Twitter App TweetDeck Raises “Several Million” Dollars
TweetDeck — which has seen its Twitter desktop app downloaded more than one million times — has raised “several million” dollars. London-b… Read more »
At Sun Valley, Media Moguls Assess Mobile Acquisition Targets
photo: Flickr/spdorsey
As mobile has passed the point of “next big thing,” one of the major questions about the space during Allen &Co.’s Sun Valley tech conferenc… Read more »
Football Blog WhoAteAllThePies Changes Hands In Transfer Market
Shiny Media co-founder Ashley Norris has retaken control of his WhoAteAllThePies football blog from the blog house for his new publishing en… Read more »
Skype, Netvibes Founders Team To Rival Google OS
photo: Joi Ito (Krim pic)
Never mind Chrome OS for now; there are already a host of alternative operating systems out there. One such already going for the hosted app… Read more »
Borqs Raises $17.4 Million To Help Carriers Stamp Their Brand On Android
photo: Borqs
Beijing-based Borqs has closed a $17.4 million in a second round of financing as it goes after a new market being created with the popularit… Read more »
Birch’s New Digital Media Fund Has a Name; Adds More Partners
photo: Rex Hammock
Michael Birch, the founder of Bebo who made gazillions handing it over to AOL (NYSE: TWX) and leaving with the deal, has *so much money* he… Read more »
Mobile Retail Ad Firm Modiv Media Raises $1.2 Million
Mobile retail advertising company Modiv Media has raised $1.2 million of a $2 million second round of funding, the company has confirmed. Pr… Read more »
Fake News Suffers Too: The Onion Orders More Fealty To Advertisers
photo: Flickr
While satirical newspaper The Onion has got a lot of mileage out of the “death of newspapers” meme — such as this brief — CEO Steve Hannah… Read more »
Confidence In The Valley Is Up Again; Will More IPOs Follow?
photo: Flickr / Dave Chen
Never mind that exits are now at a six-year low and that venture capitalists themselves continue to struggle to raise money. For the second… Read more »
Social Media Monitoring Service Collective Intellect Gets $3 Million More
Collective Intellect, a Boulder, CO-based provider of social media monitoring services for businesses, has raised another $3.1 million in fu… Read more »
paidContent Quick Hits: 7.09.09
» The ad collapse across all media is here for good, so we’d better get used to it. [Fortune]
» A guide to understand… Read more »
Online Marketer Clash Media Raises £1.3 Million VC
Online marketing company Clash-Media has raised £1.3 million from MMC Ventures to fund expansion in Spain and Italy. Clash specialises in t… Read more »
CoTweet Raises $1.1 Million To Manage Corporate Twitter Accounts
CoTweet, a startup whose software is behind many high-profile corporate Twitter accounts, has raised $1.1 million in a first round of fundin… Read more »
TV Gamer NetPlay Going To City For Funding
AIM-listed TV-and-web gaming vendor NetPlayTV is aiming to raise £12.8 million, to strengthen its balance sheet and finance further growth,… Read more »
Inside The Tug Of War For — And Within — Razorfish
While sources tell paidContent Publicis Groupe still appears to be winning the tug of war for Microsoft’s Razorfish, two WPP Group execs ins… Read more »
Qik Nabs $5.5 Million In Funding For Mobile Video Streaming
Mobile video streaming service Qik has raised just under $5.5 million in funding, according to an SEC filing, which the company has confirme… Read more »
Content Licensing Startup GumGum Adds $2.6 Million In Funding
Digital content licensing startup GumGum has raised $2.6 million in funding, according to an SEC filing just filed. GRP Venture Partners led… Read more »
Online Dictionary Site Wordnik Gets $3.7 Million Funding
Wordnik, the online dictionary site which has been under some controversy due to this NYT story last weekend about its P.R. strategy, has ra… Read more »
NYT Postpones Deadline for ‘Boston Globe’ Bids
Holding your breath for word that potential buyers have actually submitted bids for the Boston Globe and sister paper Worcester Telegram & G… Read more »
Thomson Reuters Buys Indian Legal Online Database Company
Another acquisition by Thomson Reuters: it has acquired private equity backed Indlaw Communications, a Delhi-based legal information company… Read more »
Bertelsmann Back in Music Biz in Earnest; Up To
Bertelsmann, who all but exited out of music business when it sold its portion in Sony (NYSE: SNE) BMG back to Sony last year, is back in it… Read more »
