Venture Capital
Rafat Ali
Jul 9, 2009 11:16 PM
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 doesn’t know what to do with it, so he does the next best thing: launch a digital media fund. We had some details on…
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Money, M&A & Venture Capital, Venture Capital, Countries, Europe, UK, bebo, michael birch
Joseph Tartakoff
Jul 9, 2009 2:10 PM
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 quarter in a row, confidence among VCs in the Valley is up. The streak follows six consecutive quarters of decline starting in mid-2007, according to an…
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Money, IPO, M&A & Venture Capital, Venture Capital, Research & Metrics, Research
Rafat Ali
Jul 9, 2009 1:46 PM
Collective Intellect, a Boulder, CO-based provider of social media monitoring services for businesses, has raised another $3.1 million in funding, according to an SEC filing just filed (embedded below). This adds to the $9.6 million it has raised in two previous rounds, from investors such as Grotech Capital, Appian Ventures,…
the SEC filing »
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Advertising, Money, M&A & Venture Capital, Venture Capital, Social Media, collective intellect
Joseph Tartakoff
Jul 9, 2009 12:15 PM
CoTweet, a startup whose software is behind many high-profile corporate Twitter accounts, has raised $1.1 million in a first round of funding. Investors include Baseline Ventures, Founders Fund, First Round Capital, SV Angel, Maples Investments, and Freestyle Capital. The company’s platform provides multiple tools for corporate Twitter users, including the…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Nanopublishing
Tameka Kee
Jul 8, 2009 5:55 PM
Mobile video streaming service Qik has raised just under $5.5 million in funding, according to an SEC filing, which the company has confirmed. This round’s backers include Quest Venture Partners, CampVentures, and private investors. The Redwood City, Calif.-based startup raised an undisclosed amount of funding from Marc Andreessen and Ben…
Qik's SEC filing »
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Mobile, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, qik, quest venture partners
Tameka Kee
Jul 8, 2009 2:43 PM
Digital content licensing startup GumGum has raised $2.6 million in funding, according to an SEC filing just filed. GRP Venture Partners led the round, with participation from previous backer First Round Capital. The L.A.-based startup has raised around $3.8 million in total, including the first tranche of a $1 million…
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Advertising, Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, gumgum
Rafat Ali
Jul 8, 2009 2:21 PM
Wordnik, the online dictionary site which has been under some controversy due to this NYT story last weekend about its P.R. strategy, has raised $3.7 million in funding, according to an SEC filing just filed. The site, based in Chicago and started by Erin McKean, former editor in chief for…
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Money, M&A & Venture Capital, Venture Capital, baseline ventures, roger macnamee, wordnik
Rafat Ali
Jul 7, 2009 11:58 PM
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: it is ramping up its new-ish music rights/publishing venture BMG Rights Management in a deal with PE firm Kohlberg Kravis Roberts &…
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Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Germany, bertelsmann, kkr
David Kaplan
Jul 7, 2009 9:34 PM
Audience researcher Quantcast is in the process of raising a $50 million third round funding, PE Hub reported, citing an unidentified source. A rep for the company could not be reached for comment. Estimated at a $300 pre-funding valuation, Quantcast has been evolving beyond its primary role as a web…
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Advertising, Money, M&A & Venture Capital, Venture Capital, Research & Metrics
Rafat Ali
Jul 7, 2009 5:28 PM
Austin Ventures has invested about $20 million more in Asset International, the B2B online/print financial information provider headed by Jim Casella, the former CEO of Reed Business U.S. The company confirmed the new funding to me, after an SEC filing on it came out yesterday. This is in addition to…
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Money, M&A & Venture Capital, Venture Capital, asset international, austin ventures, jim casella
Tameka Kee
Jul 7, 2009 12:24 PM
Financial details about ZeniMax Media’s acquisition of Quake-developer id Software were kept under wraps—but a new SEC filing reveals that ZeniMax raised $105 million in debt financing to facilitate the deal. We’re working on confirmation regarding where the funds came from.
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Entertainment, Gaming, Money, M&A & Venture Capital, Venture Capital, id software, zenimax media
Robert Andrews
Jul 6, 2009 4:59 PM
Joost was squeezed out of the market by broadcasters picking their own VOD channels instead of aggregators, acknowledges Mike Volpi, who resigned as CEO after abandoning the company’s consumer focus and has joined its equity holder Index Ventures as a partner. “The biggest lesson - people want to watch great…
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Money, M&A & Venture Capital, Venture Capital, Companies, Joost, layoffs
Rafat Ali
Jul 6, 2009 2:55 PM
Left-of-center political news blog TalkingPointsMemo has received its first outside money, from Marc Andreessen and other angel investors, according to TC. The amount is small, and pegged between $500K to $1 million. The investment from Andreessen, his second in a blog network (the first being Business Insider), is a personal…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Nanopublishing, marc andreessen, talkingpointsmemo
Joseph Tartakoff
Jul 2, 2009 1:00 PM
StyleCaster has raised $4 million in a first round led by billionaire Quicken Loans owner Dan Gilbert. The site—which offers personalized style tips, shopping, and a social network—said it would use the funds to expand internationally, grow its ad network, and create new web-based and mobile apps. It was started…
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Advertising, E-Commerce, Media & Publishing, Women-Centric Content, Money, M&A & Venture Capital, Venture Capital
Tameka Kee
Jul 1, 2009 5:12 PM
Sony (NYSE: SNE) Music Entertainment has taken a stake in indie digital music distribution service IODA. Financial terms were not disclosed, but Sony did say that it would integrate parts of IODA’s online music platform with RED, the independent music distribution company it acquired back in 1994. IODA boasts a…
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Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Companies, Sony, ioda, sony music entertainment, vevo
Joseph Tartakoff
Jul 1, 2009 3:30 PM
Moving to boost its online real estate listings, newspaper publisher AH Belo (NYSE: AHC) (NYSE: BLC) has led a $2 million investment in online real estate brokerage Sawbuck Realty. Sawbuck’s service lets people search for listings and then connects them with real estate agents. It takes a cut of any…
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Media & Publishing, Newspapers, Search, Money, M&A & Venture Capital, Venture Capital
Tricia Duryee
Jul 1, 2009 1:30 PM
It’s been two years since Apple (NSDQ: AAPL) first started selling applications for the iPhone through the App store. In that time, investors have flocked to the opportunity, pumping slightly more than $100 million into 17 companies. The figures are being reported today by “the ChubbyBrain database,” which keeps a…
More statistics on the investments after the jump... »
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Entertainment, Gaming, Mobile, Money, M&A & Venture Capital, Venture Capital, Research & Metrics, Social Media, Companies, Apple, iPhone
Joseph Tartakoff
Jun 30, 2009 3:14 PM
TeeBeeDee.com—a social network aimed at baby boomers—is shutting down. In a note to members, founder Robin Wolaner said that the company had lacked the resources to continue developing the site: “Our business opportunity proved disappointing.” The site had raised more than $7.5 $9 million from Shasta Ventures and Monitor Ventures,…
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Media & Publishing, Money, M&A & Venture Capital, Venture Capital, Social Media
Joseph Tartakoff
Jun 30, 2009 2:35 PM
A battle is intensifying in the white-label local search market. MojoPages said Tuesday it had raised $5 million in a first round of funding—money it said it would use to boost its core private-label search offering, which lets media companies put local directories on their sites under their own brands.…
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Advertising, Local, Search, Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital
David Kaplan
Jun 30, 2009 9:07 AM
Car news and reviews site network High Gear Media has raised a $5.5 million second round. It will use the money to improve its technology platform and build on its collection of 38 auto-related websites. The round was led by DAG Ventures, a new investor. Previous backers Accel Partners and…
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Media & Publishing, Money, M&A & Venture Capital, Venture Capital