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Personalized Talk Radio Service Stitcher Closes $6 Million Second Round

Apr 6, 2010 9:00 AM

Stitcher, a service that lets talk radio listeners move programs to their mobile devices, has completed a $6 million second round funding. The round was led by Benchmark Capital. Previous backer New Atlantic Ventures also participated, as did individual investors Ed Scott and Ron Conway. San Francisco-based Stitcher plans to…

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Posted In: Media & Publishing, Podcasting, Radio, Mobile, Money, M&A & Venture Capital, Venture Capital, benchmark capital, ed scott, new atlantic ventures, ron conway, stitcher

Former Facebookers Get $11 Million For Q&A Startup

Mar 29, 2010 1:15 PM

Quora, a Q&A startup founded by several early Facebook employees, including former Facebook CTO Adam D’Angelo, has raised $11 million in a first round of funding. TechCrunch puts the valuation at a whopping $86 million, even though the site—which pitches itself as a “continually improving collections of questions and answers”—is…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, Facebook, benchmark capital, quora

Industry Moves
Yahoo’s Revolving Door: Chief Technologist Leaves For Benchmark Capital

Mar 19, 2010 2:43 PM

Yahoo (NSDQ: YHOO) Chief Technologist Sam Pullara is leaving the company, capping off a week of high-profile departures. At Yahoo, Pullara was “responsible for ensuring that products we develop are competitive and provide compelling customer experiences by driving a dialogue between internal product groups, research and business leaders,” according to…

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Posted In: Industry Moves, Companies, Yahoo, benchmark capital, sam pullara

Motorola, Others Invest In TuneWiki

Feb 8, 2010 12:20 PM

Motorola (NYSE: MOT) Ventures is leading a round of funding in social music startup TuneWiki; HillsVen Capital, Novel TMT, Benchmark Capital and Intellect Capital Ventures (the venture fund of Nordic phone company TeliaSonera) also participated in the funding. TuneWiki, which started out as a desktop app and site nearly two…

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Posted In: Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, Motorola, benchmark capital, hillsven ventures, intellect capital ventures, motorola ventures, novel tmt ventures, tunewiki

Boku Raises $25 Million To Expand Mobile Payments Services

Jan 19, 2010 7:00 AM

San Francisco-based Boku has raised a sizable round of funding totaling $25 million to build a mobile-payments company that they believe can one day compete against financial institutions, like Mastercard, Visa, and even online providers, like Paypal. The year-old company has partnered with wireless carriers around the world to let…

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Posted In: E-Commerce, Payment Systems, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Virtual Worlds, benchmark capital, boku, dag ventures, index ventures, khosla ventures

Cloud-Based Gamer Gaikai Raises $5 Million First Round

Jan 6, 2010 12:01 PM

Cloud-based online gaming startup Gaikai has raised $5 million in a first round of funding, per an SEC filing. The company declined to comment, but the filing lists Benchmark Capital’s Mitch Lasky as a director. Gaikai plans to let people play high-quality games on any computer without needing to install…

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Posted In: Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, benchmark capital

Online Gamer Riot Games Lands $8 Million Funding, Partners With Tencent

Sep 9, 2009 1:11 PM

Riot Games has raised $8 million in funding from Benchmark Capital, FirstMark Capital, and Chinese online media company Tencent. Tencent is a new investor; it recently signed a deal to distribute Riot Games’ forthcoming multi-player online game, League of Legends, in China. Benchmark and FirstMark backed the L.A.-based startup with…

why tencent is an ideal investor, after the jump »

Posted In: E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Social Media, Virtual Worlds, benchmark capital, firstmark capital, riot games, tencent

More CDN Sector Activity: Cotendo Gets $7 Million Funding

Mar 11, 2009 10:50 AM

The deal activity in the content delivery industry continues to tick, as another new CDN gets funded, this time by two VC heavyweights: Cotendo has raised $7 million in its second round of funding, from Sequoia Capital and Benchmark Capital. It has been in incubation for a year, and received…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, benchmark capital, cotendo, sequoia capital

Twitter Gets Its Big One: Raises $35 Million Third Round

Feb 13, 2009 3:19 PM

Micro-blogging service and media darling Twitter has raised its third round of funding. Co-founder Biz Stone announced the news in a blog post, listing Benchmark Capital and Institutional Venture Partners as lead investors; Benchmark confirmed the amount at $35 million, though TechCrunch, which broke the news, is reporting that it’s…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Twitter, benchmark capital, institutional venture partners

Glassdoor Gets $6.5 Million In Latest Round

Oct 28, 2008 6:46 AM

Career-focused social net Glassdoor.com has raised $6.5 million in a second round of funding led by Sutter Hill Ventures. Existing investors Benchmark Capital also participated. The Sausalito, Calif.-based startup gives job seekers a “real” view of what it’s like inside the companies they want to work for, via anonymous tips,…

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Posted In: Money, M&A & Venture Capital, Venture Capital, benchmark capital, glassdoor, sutter hill ventures

Widget’s Parellel Economy: Gigya Gets $11 Million Funding

Oct 1, 2008 8:35 AM

Meanwhile, the widget economy is functioning in a parallel, oblivious universe: Widget distribution firm Gigya has received $11 million in its third round of funding. The round was led by DAG Ventures and included previous investors Benchmark Capital, First Round Capital, and Mayfield Fund. The round brings the Palo Alto…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, dag ventures, first round capital, gigya, israel, mayfield fund

White Label Social Net Lithium Gets $12 Million Second Round

Jun 30, 2008 9:33 AM

Lithium Technologies, an Emeryville, CA-based provider of white-label social networking tools, has raised $12 million in its second round funding, led by Benchmark Capital. Benchmark joins Emergence Capital and Shasta Ventures, which co-led a $9 million first round in April 2007. The company, which has been around for almost seven…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, emergence capital partners, lithium technologies, shasta ventures

Industry Moves
The Rush Out To VCs: Facebook’s Cohler Joins Benchmark

Jun 19, 2008 1:09 PM

This is the month of senior executives leaving the starts and big media and Internet companies: just yesterday the CEOs of Hearst and Hachette were circled out on the east coast. Meanwhile, on the west coast, Yahoo’s (NSDQ: YHOO) bleeding all over and now Facebook sees its VP of Product…

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Posted In: Industry Moves, Companies, Facebook, benchmark capital, matt cohler

Grockit Raises $8 Million Second Round For Educational MMO

Jun 2, 2008 2:11 PM

Grockit, a stealth startup developing an MMO for online learning, has raised an $8 million second round led by Integral Capital Partners and past backer Benchmark Capital. The company has previously raised $2.7 million, bringing its total haul to $10.7 million. All the company says for now is that it’s…

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Posted In: Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, grockit, integral capital partners

Video Streaming Firm Move Networks Raises Big $46 Million Third Round

Apr 14, 2008 11:42 AM

Red hot Move Networks, the heavily-backed provider of high quality online video streaming, has raised a huge $46 million third round led by Benchmark Capital, as well as Cisco (NSDQ: CSCO), Comcast (NSDQ: CMCSA) Interactive Media (a division of Comcast Corp.), and Televisa, making its entry into the crazy-money territory.…

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Posted In: Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, benchmark capital, cisco, comcast, interactive media, move networks, televisa

Marin Software Raises $7.25 Million Second Round For Search Marketing Software

Apr 8, 2008 1:45 PM

Marin Software, a provider of web-based software to manage search marketing campaigns, has raised a $7.25 million second round led by Benchmark Capital. The company’s first round has not been announced. The SF-based start-up offers a browser-based tool called Marin Search Marketer that lets advertisers manage all angles of a…

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Posted In: Search, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, benchmark capital, marin software

Social Net Glassdoor Gets $3 Million Second Round

Mar 28, 2008 3:37 PM

Sausalito, CA-based social net Glassdoor has raised a $3 million second round led by Benchmark Capital, according to peHUB. The stealthy company has not previously announced its first round. Other than the fact that it was started by ex-Hotwire exec Robert Hohman, details on the company’s plans are limited. The…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, glassdoor

Widget Analytics Firm Gigya Gets $9.5 Million Funding

Mar 10, 2008 12:11 PM

Gigya, the online widgets tracker and analytics firm based in Palo Alto CA, has raised $9.5 million in a second round of funding from Mayfield Fund and two existing investors, Benchmark Capital and First Round Capital. Gigya’s technology allows widgets makers such as RockYou, and online publishers to Gigya monitor…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, first round capital, gigya, mayfield fund

Internet TV Network ManiaTV Gets $9.5 Million Third Round

Mar 4, 2008 10:11 PM

Updated below: Denver-based ManiaTV, a youth-based online TV network, has raised a $9.5 million third round from DAG Ventures, reports PE Hub. Previous backers Benchmark Capital, Centennial Ventures and Intel (NSDQ: INTC) Capital also joined. The company had previously raised $17 million, bringing its total raise to $26 million since…

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Posted In: Entertainment, Money, M&A & Venture Capital, Venture Capital, benchmark capital, centennial ventures, dag ventures, intel capital, maniatv

Social Networker FriendFeed Raises $5 Million First Round

Feb 26, 2008 10:13 AM

FriendFeed, a social networking service incubated out of Benchmark Capital, has raised a $5 million first round from the VC firm and its founders Paul Buchheit and Sanjeev Singh. The company offers a service similar to Facebook’s news feed, allowing friends to monitor each other’s activity across an array of…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, benchmark capital, friendfeed, paul buchheit, sanjeev singh

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