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Archives.com Owner Inflection Raises $30 Million

Sep 2, 2010 12:40 PM

Inflection, an under-the-radar startup which owns genealogy website Archives.com, has raised $30 million in a first round of funding. The company charges users $39.95 a year to access historical records and build their own family trees on the site and it is apparently doing very well, despite competition from sites…

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Posted In: Search, Money, M&A & Venture Capital, Venture Capital, inflection, matrix partners, sutter hill ventures

Alterian Buys Social Media Consultancy Intrepid

Sep 1, 2010 4:25 PM

Alterian, which provides marketers with a suite of content management and social media monitoring tools, has bought up Intrepid, a social media consulting firm. Alterian says it’s buying Intrepid—which has 40 employees—in order to provide a “packaged solution of social media analytics and market research capability to organizations who have…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Research & Metrics, Research, Social Media, alterian, intrepid

ComScore Buying Nedstat For $36.7 Million To Enhance Web Analytics

Sep 1, 2010 6:09 AM

ComScore (NSDQ: SCOR) says it is acquiring Amsterdam-based web measurement firm Nedstat for $36.7 million in a move designed to improve how it monitors websites using its Unified Digital Measurement platform.

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Posted In: Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions

UBM Buys 3D Careers Fair For Military Leavers

Sep 1, 2010 4:29 AM

With U.S. military operations in Iraq being wound down, there will likely be a lot of servicepeople coming home on to the civilian jobs market. Business publisher United Business Media (LSE: UBM) says it’s buying Astoud, a virtual careers fair company whose Milicruit recruitment service puts job-seeking troops in a…

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Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, astoud, united business media

AOL Buys Rally Up As Part Of New Mobile Strategy

Aug 31, 2010 6:04 PM

AOL (NYSE: AOL) is buying Rally Up, a startup behind a social networking app for the iPhone and iPad that lets users share their locations with select friends. The app pitches itself as a social network for “people that actually should know your location,” such as family members and close…

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Posted In: Apps, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, AOL, Apple, iPad, iPhone, rally up

Euro VC: ShowroomPrive, Shout ‘Em, Zalando Funded

Aug 31, 2010 8:06 AM

A bunch of fashion and social investments from the world of TechCrunch’s start-up scene today… —ShowroomPrive.com, a French group fashion buying site that claims to be the sector’s number-two behind VentePrivee, has raised €37 million from Accel, to invest in a new warehouse and in acquisitions. Via.

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Posted In: Money, M&A & Venture Capital, Venture Capital

Google’s Latest Social Purchase: Mobile Gamer SocialDeck

Aug 30, 2010 3:55 PM

Google (NSDQ: GOOG) continues to buy up social-related firms in preparation for the launch of the new social networking effort it has under way. Its latest acquisition is mobile game startup SocialDeck, which is behind several very-addicting mobile games, including Shake & Spell, a spelling game that users can simultaneously…

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Posted In: Entertainment, Games, Mobile, Search, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, Apple, iPhone, Facebook, Google, socialdeck

Justice Department Is Taking A Closer Look At Google’s ITA Purchase

Aug 27, 2010 3:58 PM

Google’s proposed $750 million acquisition of travel search technology provider ITA Software isn’t ready for take off quite yet; Google says the Department of Justice wants more information about the acquisition before giving the deal its OK.

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Posted In: E-Commerce, Travel, Search, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Google, ita software

Google Buys Social Search Startup Angstro, Acq-Hires Co-Founder Khare

Aug 27, 2010 3:25 PM

Google (NSDQ: GOOG) continues to pick up talent—and to add to its tech ability to compete with Facebook—by acq-hiring. The latest: buying social search startup Angstro and hiring its highly respected co-founder Rohit Khare to work on its social net Google Me. Khare started the company in 2006 with investor…

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Posted In: Apps, Search, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Facebook, Google, angstro, rohit khare

The Morning Lowdown 08.27.10

Aug 27, 2010 7:30 AM

Some of the stories people are talking about this morning:»  Blockbuster (NYSE: BBI) is warning Hollywood movie studios about something they likely expected all along: the company is preparing to file for bankruptcy in the middle of next month. [LATimes] »  Newsweek is losing another top editor: Mark Miller, who…

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Posted In: Advertising, Features, The Morning Lowdown, Entertainment, Games, Movies, DVD, Legal, Regulatory, Marketing, Media & Publishing, Books, eReaders, Magazines, Money, Bankruptcy, Social Media, Video, Companies, Apple, Washington Post, Countries, Asia, India

Etsy Raises Another $20 Million For $300 Million Valuation

Aug 27, 2010 6:29 AM

Crafts buying site Etsy has raised a fifth VC round of $20 million from Index Ventures, the investor announced through TechCrunch, though not its own site.

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Posted In: Money, M&A & Venture Capital, Venture Capital, accel partners, etsy, hubert burda media, index ventures

Naspers Invests In Classifieds Site OLX

Aug 26, 2010 7:00 PM

Naspers, the South African media company which owns stakes in a number of digital properties, including Facbeook-backer Digital Sky Technologies, has made a “strategic investment” in classifieds site OLX. Founder Fabrice Grinda tells us Naspers made the investment “both by investing and by buying shares from existing shareholders.”

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Venture Capital, naspers, olx

Tribune May Still Be Bankrupt, But It Has $1.6 Billion In Cash

Aug 26, 2010 6:56 PM

For a company that is mired in prolonged bankruptcy proceedings, The Tribune Company is otherwise able to bring in revenues. To be sure, a company doesn’t have to be unable to drive revenues to be in bankruptcy, but situation is a bit ironic. In a memo obtained by Romenesko, the…

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Posted In: Media & Publishing, Newspapers, Money, Bankruptcy, Companies, Tribune

Industry Moves
Clear Channel Radio Digital Head Harrison Leaves

Aug 26, 2010 12:40 PM

Evan Harrison, the long-time head of Clear Channel (OTCBB: CCMO) Radio’s digital operations, is leaving the company at the end of the year. Harrison had been promoted almost exactly two years ago, when he agreed to a “long-term contract” which may have expired; we’ve asked Clear Channel for more details.

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Posted In: Apps, Industry Moves, Media & Publishing, Radio, Mobile, Money, clear channel, evan harrison

Updated: Cisco Buys Online Video Distributor ExtendMedia For $80 Million

Aug 26, 2010 10:17 AM

Cisco (NSDQ: CSCO) is in the process of acquiring ExtendMedia, a company that specializes in managing online video content. The space has seen some consolidation lately and with the growth of mobile video, the rate of acquisitions is likely to increase rapidly. The terms of the deal were undisclosed. Cisco…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, Technologies / Formats, cisco, extendmedia

Facebook Investor Thiel Backs A New College-Only Social Network

Aug 25, 2010 12:45 PM

PayPal co-founder (and early Facebook investor) Peter Thiel is backing a new social network, which restricts membership to students with verified college e-mail addresses—much like Facebook did in its first year and a half. CollegeOnly‘s pitch: “Our site is the only one that is free from parents, potential employers, and…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, Facebook, collegeonly, peter thiel

Alibaba Increases Its U.S. Presence With Second Acquisition In Two Months

Aug 25, 2010 9:26 AM

China e-commerce site Alibaba has acquired eBay (NSDQ: EBAY) auction management provider Auctiva. This is the Hong Kong company’s second U.S.-based purchase in less than two months. In June, Alibaba bought Vendio, another eBay auction manager based in San Mateo, CA. Both deals are part of Alibaba’s plans to invest…

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Posted In: E-Commerce, Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, Countries, Asia, China, alibaba, auctiva

Social Chat Startup Threadbox Confirms Sale To MySpace

Aug 24, 2010 7:23 PM

News Corp.‘s MySpace (NSDQ: NWS) has finalized a deal to buy certain, unspecified assets of social messaging platform Threadbox. Venturebeat had reported last month that a deal was in the works, although Threadbox wouldn’t talk about it then.

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., MySpace, threadbox

Earnings
Barnes & Noble Online Revs Surge; IAC’s Foley Tapped To Head E-Commerce

Aug 24, 2010 11:06 AM

Digital gave Barnes & Noble (NYSE: BKS) a big sales boost from the previous quarter, but not enough to reverse revenue declines or prevent its net loss from deepening. The bookseller is currently mulling over a sale of the company and is embroiled in a proxy fight with activist investor…

EPS* Rev. vs Q209 Net Inc. vs Q209
Beat Analysts' Estimates Revenue Indicator % Net Income Indicator %
Barnes & Noble Release Missed Analysts' Estimates Revenue Indicator 2.5% Net Income Indicator -608%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: E-Commerce, Marketing, Media & Publishing, Books, eReaders, Money, Earnings, Companies, IAC, barnes & noble, jamie iannone, john foley

DST Taking Full Control Of Russian Social Net Odnoklassniki.ru

Aug 24, 2010 6:56 AM

Russian internet investor Digital Sky Technologies’ online buy-up is continuing ahead of its possible 2011 IPO. It’s acquiring the 20 percent of social network Odnoklassniki.ru it does not already own from founder Albert Popkov, Vedomosti reports (via Quintura).

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Countries, Europe, Russia, odnoklassniki.ru

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