JanRain Raises $1 Million In Funding For OpenID Products
Online identity management tech firm JanRain has raised $1 million worth in a first round of funding, according to an SEC filing — part of… Read more »
Earnings: Alibaba.com Profit Drops; Says It's "Relatively Close" To Announcing An Investment
Alibaba.com, which has upped its marketing spending significantly, reported a 33 percent drop in quarterly profits Thursday. Revenue at the… Read more »
Local Online Marketer GreenLink Networks Raises $3.5 Million
GreenLink Networks, an interactive marketing firm that helps local TV stations create (and monetize) online communities, has raised over $3.… Read more »
Ticket Search Engine FanSnap Raises Another $5 Million
Ticket search engine FanSnap has raised $5 million from Highland Capital Partners. Via its search engine — which exited beta testing in Mar… Read more »
Earnings: 3 UK Sales Up After Skype Promo
Hutchison Whampoa’s mobile carrier 3 posted two percent better January-to-June revenue than last year of £784 million from the UK and Irela… Read more »
Industry Moves: Former aQuantive CEO McAndrews Joins VC House Madrona
After being passed up to succeed Kevin Johnson as Microsoft’s digital head, Brian McAndrews is turning to venture capital. The former aQuant… Read more »
Research: Green Shoots For UK Tech Investment
We might not be back to pre-recession levels, but statistics from US-based investment tracker Calibre One show UK VC, private equity and s… Read more »
Shareholders Sue To Stop Google's Purchase Of On2
Google (NSDQ: GOOG) is offering a 57 percent premium to purchase video firm On2 Technologies — but that’s not enough to satisfy a cadre of… Read more »
Virgin Mobile USA Sues Ultramercial Over Failing To Hand Over Mobile Advertising Revenues
photo: Virgin Mobile
Virgin Mobile USA (NYSE: VM) has sued Ultramercial over its Sugar Mama service, which allowed users to earn free voice minutes by watching c… Read more »
Mint Raises $14 Million For Its Online Finance Service
Mint.com, which has quickly established itself as the top online money management site, has raised $14 million in a third round of funding,… Read more »
FT Buying MandateWire Pension Data Service
photo: KaiChanVong
The Financial Times is doing a fourth acquisition in the digital subscription data space, buying London-based MandateWire, which supplies in… Read more »
Xora and Gearworks Merge And Raise Funds To Take On Location-Based Services
photo: Gearworks
Xora and Gearworks have merged to create a larger company that specializes in location-based business applications, such as payroll and time… Read more »
Boxee Adds $6 Million Second Round; Aims To Take On Microsoft, Apple In Living Room
Browser-based streaming media service Boxee has raised $6 million in a second round of funding. General Catalyst Partners led the round — m… Read more »
Gaming Console Zeebo Gets $6 Million in Debt Funding
Zeebo, the downloadable game console that launched earlier this year, has received $6 million in debt and options from one investor, accordi… Read more »
Vibe Revives: Acquired By Intermedia Partners, Uptown Media
photo: Vibe
Hip hop mag Vibe is back from the dead — and with a digital bent. A group led by Leo Hindery’s PE firm InterMedia Partners and its luxury p… Read more »
UK 3G Femtocell Maker Ubiquisys Gets $11 Million Funding
Swindon-based maker of 3G femtocells — 3G signal generators designed to improve mobile access via the internet — has won $11 million (£6.… Read more »
PA Sport Selling Controlling Stake In Sportal Australia To Perform
photo: Markehr
British digital sports rights distributor Perform is buying a 66 percent stake in Sportal Australia, an Aussie sports news and VOD site. The… Read more »
Ando Media, Spacial Merge To Expand Online Radio Customer Base
Online radio audience measurement and ad management firm Ando Media has merged with Spacial Audio, which offers a variety of services, inclu… Read more »
Auto News Network High Gear Media Acquires MotorAuthority.com
photo: AP Photo/Robert E. Klein
Auto news publisher and ad network High Gear Media has acquired MotorAuthority.com, which focuses on luxury and performance cars. No financi… Read more »
Music Site OurStage Raises $3 Million; Aiming For $6 Million Second Round
It’s been a while since we’ve heard any news about OurStage, the music discovery site that likened itself to an “online American Idol,” but… Read more »
iPhone Game Developer Backflip Studios Raises $145K In Funding
Backflip Studios, the indie developer behind the popular Paper Toss game for the iPhone, has raised $145,000 in funding, according to a regu… Read more »
Microsoft's Xbox Talks Up Netflix Exclusivity
In the console wars, Microsoft (NSDQ: MSFT) has apparently scored a win. In announcing an update to its Xbox Live online service, which feat… Read more »
iMemories Raises $6.2 Million For Photo, Video Sharing
Photo and video sharing service iMemories has raised $6.2 million in a second round of funding led by Capital Southwest. With the new fundin… Read more »
Chess Site ChessCube Raises $1.25 Million
International chess site ChessCube has raised $1.25 million in a round of funding from investors, including South African early stage VC fir… Read more »
Is There a Case for Playboy + Maxim?
photo: Flickr/MoJimmy
We’ve been doing our channel checks for some time on the fates of two iconic brands in the men’s magazine industry. One is more troubled tha… Read more »
Job Search Site SimplyHired Gets $4.6 Million Funding
Job search engine SimplyHired, based in Mountain View, CA, has received $4.6 million in a new round of funding, led by IDG Ventures and Foun… Read more »
4iP Invests In Edinburgh Festival Twitter Aggregator FestBuzz
4iP sure likes little Twitter-based start-ups: Channel 4′s public service new media investment project has invested a small amount in FestBu… Read more »
Projjix Raises Roughly $900,000 For Online Consulting Marketplace
Irvine, Calif. startup Projjix has raised about $900,000 of for its online consulting marketplace, where companies can connect with indepen… Read more »
Public Opinion Firm Rasmussen Reports Gets 'Major Growth Capital Investment'
Polling firm Rasmussen Reports has received a “major growth capital investment” from media private equity firm Noson Lawen Partners. The com… Read more »
Facebook Buys Sharing Service FriendFeed For Reported $50 Million
photo: AP Images
Updated: Facebook has purchased social sharing service FriendFeed — in a deal that should give it both additional technology and engineers… Read more »
Yahoo Snaps Up OMG.com Domain Name Two Months After Selling Contests.com
Yahoo (NSDQ: YHOO) has become quite active in the domain name market lately. It sold contests.com for a cool $380,000 in June — and it has… Read more »
Turbine Adds $6.6 Million In Funding To Its Gaming War Chest; Raising $50 Million
The Lord of the Rings Online publisher Turbine is in fund-raising mode again: the massively-multiplayer online (MMO) gaming company has pick… Read more »
Interview: Razorfish CEO Bob Lord: Ready To Think About Buying — Not Being Bought
Publicis Groupe’s $530 million acquisition of Razorfish from Microsoft (NSDQ: MSFT) was anticipated for over a month, but the interactive sh… Read more »
Roku Adds $8.4 Million In Funding From Menlo Ventures
Set-top box-maker Roku has raised nearly $8.4 million in funding from Menlo Ventures as part of a fourth round. Contentinople first reported… Read more »
Akademos Raises $2.5 Million For Online Textbook Store
Akademos, which operates online bookstores for schools, has raised $2.5 million in a round of funding from Kohlberg Ventures. With Akademos’… Read more »
Earnings: E W Scripps' Revs Down 23 Percent; Digital Down 25 Percent
E W Scripps, the newspaper and TV station media company, has reported its Q209 numbers, and it swung to a Q209 profit, but the topline numbe… Read more »
Earnings: Virgin Mobile USA Puts Higher-Value Customers Before Sign-Ups
photo: Virgin Mobile USA
Virgin Mobile USA (NYSE: VM) Q2 profit jumped 296 percent from last year to $21.8 million, as premium handset sales grew strongly. Sales of… Read more »
Dance Mag M8 Buying Tilllate.com For Web/Print Play
Copying Mixmag, whose publisher bought the DontStayIn.com social network in April, dance music mag M8 Magazine is acquiring Tilllate.com, a… Read more »
Earnings: Archant Makes £238,000 Loss Despite Digital Sales Rise
Regional newspaper and magazine publisher Archant saw its profits disappear in the first six months of the year, as the newspaper industry s… Read more »
Publicis' David Kenny On Razorfish Buy: Digital Revs Now 25 Percent Of Total Revenues
By acquiring interactive agency Razorfish from Microsoft (NSDQ: MSFT), Publicis Groupe has now attained a goal outlined by CEO Maurice Levy… Read more »
