Venture Capital
Joseph Tartakoff
Mar 17, 2010 3:59 PM
AOL (NYSE: AOL)—which is doubling down on its own local efforts—is now setting up a $10 million venture capital fund to invest in the local space. The company cites the “increasing number of startups” in the market as driving the creation of the fund, which will operate as part of…
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Advertising, Local, Money, M&A & Venture Capital, Venture Capital, Companies, AOL
Joseph Tartakoff
Mar 17, 2010 12:45 PM
Second Porch, which lets users find and list available vacation homes via a Facebook app, has raised $1 million in a first round of funding. The company’s pitch: Because all of its vacation home listings are on Facebook, users are able to rent or trade with people they “know and…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, Facebook, second porch
Joseph Tartakoff
Mar 17, 2010 3:33 AM
Popular online golf game World Golf Tour has raised $10 million in a third round of funding, which the company says demonstrates that “investors believe online sports to be a big growth area.” Have to say, however, that it’s been rare lately to see stand-alone game sites like World Golf…
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Entertainment, Gaming, Sports, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, jafco ventures, world golf tour
David Kaplan
Mar 16, 2010 10:36 PM
Social gaming startup Playdom is putting this past fall’s $43 million funding round to quick work lately. The San Francisco company is investing $5 million in Argentina-based social gamer MetroGames as part of the South American company’s first round. The investment comes a barely two weeks after Playdom acquired Offbeat…
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Entertainment, Gaming, Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Latin America
Joseph Tartakoff
Mar 16, 2010 1:30 PM
We reported in early January that PowerReviews (which ... well, powers reviews on e-commerce sites, like Drugstore.com and Staples) had so far raised $4.9 million in a third round of funding. The company now tells us that it’s closed the round at $6.1 million, bringing its total funding to just…
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E-Commerce, Money, M&A & Venture Capital, Venture Capital, menlo ventures, powerreviews, tenya capital
Joseph Tartakoff
Mar 15, 2010 2:40 PM
Weedle, a site that lets users find people who have specific skills and also pitch their own, has raised $4 million in funding. On Weedle, users create short profiles for free complete with their background, as well as the service they’re providing. They can also “vouch” for other members. Weedle…
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Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Countries, Europe, Ireland, enterprise ireland, weedle
Robert Andrews
Mar 15, 2010 8:46 AM
Latitude, Foursquare. There’s no shortage of mobile social location candidates stepping up. Now GeoSentric’s GyPSii of Holland has raised a further $11 million funding for its effort - bringing its total to $40 million. The disclosure came in GyPSii’s announcement of a new Twitter app, Tweetsii, that puts tweets first,…
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Mobile, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, gypsii, schroders
Joseph Tartakoff
Mar 15, 2010 2:38 AM
Hunch, the year-old decision-making site, has raised $12 million in a second round of funding led by Khosla Ventures. Co-founder Caterina Fake—who also founded (and sold) Flickr—provides details on her blog, saying that while the company had enough cash to last almost another year, “there was a lot of enthusiasm…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Community, hunch, khosla ventures
Joseph Tartakoff
Mar 12, 2010 12:50 PM
Sonos, which sells a digital music system that can be used to play music throughout a home, has raised $25 million in a third round of funding from Index Ventures. The funding was first reported by TechCrunch earlier this week and confirmed by Sonos CEO John MacFarlane in an interview…
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Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, index ventures, sonos
Staci D. Kramer
Mar 12, 2010 11:29 AM
Battery Ventures has closed a new $750 million, giving it nearly $4 billion under management—and providing another sign for soothsayers looking for proof of recovery in venture capital action. The veteran VC firm, which prides itself on multi-stage investments, says Battery IX gives it the flexibility to make small investments…
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Advertising, Money, M&A & Venture Capital, Venture Capital, battery ventures
Joseph Tartakoff
Mar 11, 2010 5:00 PM
LivingSocial, which develops various social apps and also runs a group-buying service, has raised $25 million in a second round of funding led by U.S. Venture Partners. The company’s flagship app is LivingSocial, which lets users indicate and share favorite things on social networks. More recently, however, a second service—LivingSocial…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, AOL, livingsocial, us venture partners
Joseph Tartakoff
Mar 11, 2010 12:45 PM
Betaworks, the NYC-based tech investor and social media incubator that has positioned itself at the center of the ‘real-time web,’ has raised $20 million in a second round of funding led by RRE Ventures and Intel (NSDQ: INTC) Capital. Other new investors include AOL (NYSE: AOL) Ventures, the New York…
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Money, M&A & Venture Capital, Venture Capital, Social Media, betaworks, intel capital, rre ventures
David Kaplan
Mar 9, 2010 9:12 AM
Smartphone ad network Todacell has added another $1 million in funding to an existing $1 million round the Tel Aviv-based company raised back in June. Israeli VC AfterDox, which provided the last $1 million, also ponied up the same amount this time as well. In addition to the $2 million…
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Advertising, Mobile, Money, M&A & Venture Capital, Venture Capital, Countries, Middle East / Persian Gulf, afterdox, israel, todacell
Joseph Tartakoff
Mar 8, 2010 8:20 PM
Plancast, a startup which lets users share their plans, has raised $800,000 from SoftTechVC, True Ventures, Founders Fund Angel, Zelkova Ventures, as well as a number of angel investors. On Plancast, users post what they plan on doing later; users can track each others’ accounts and also indicate publicly that…
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Advertising, Local, Money, M&A & Venture Capital, Venture Capital, Social Media, Nanopublishing, founders fund angel, plancast, soft tech vc, true ventures, zelkova ventures
Joseph Tartakoff
Mar 8, 2010 12:20 PM
PlumWillow, a to-be-launched social shopping site betting that teens will skip the mall for online—as long as online shopping is social enough—has raised a seed round led by Crossbar Capital. The site promises to “empower its members to shop together with friends, make wardrobe choices from multiple brands, design their…
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E-Commerce, Money, M&A & Venture Capital, Venture Capital, Social Media, Avatars, Community, crossbar capital, plumwillow
David Kaplan
Mar 8, 2010 8:58 AM
Online ad manager DoubleVerify has raised a $10 million second round funding. The round was led by Institutional Venture Partners. Previous investors Blumberg Capital, First Round Capital, Genacast Ventures and private backers also returned to provide the larger funding. The company, which is based in New York and has offices…
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Advertising, Money, M&A & Venture Capital, Venture Capital, blumberg capital partners, doubleverify, first round capital, genacast ventures, institutional venture partners
David Kaplan
Mar 8, 2010 8:46 AM
Online ad exchange DataXu has raised an $11 million second round led by Menlo Ventures. Atlas Venture and Flybridge Capital Partners, who backed DataXu’s $6 million first round in April 2009, also participated this time out. The proceeds will be used to fund new product development, sales and marketing, and…
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Advertising, Money, M&A & Venture Capital, Venture Capital, atlas venture, dataxu, flybridge capital partners, menlo ventures
David Kaplan
Mar 8, 2010 12:00 AM
IAC-owned local guide network Citysearch is expanding its local listings ad service CityGrid through a partnership with search marketer OrangeSoda. Citysearch is also providing an investment in Utah-based OrangeSoda, the amount of which is undisclosed. The move is part of a more aggressive effort by Citysearch to attract more ad…
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Advertising, Local, Marketing, Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, Social Media, Companies, IAC, citygrid, orangesoda
Joseph Tartakoff
Mar 5, 2010 4:01 PM
Posterous, the popular quick blogging platform, has raised $4.4 million in additional funding, CEO Sachin Agarwal tells us. The site—which is likely best known for letting users blog simply by e-mailing text, photos, or files to a default Posterous account—has grand ambitions for its service; it says it “wants to…
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Media & Publishing, Money, M&A & Venture Capital, Venture Capital, Social Media, Nanopublishing, founder collective, lowercase capital, posterous, redpoint ventures, sv angel, trinity ventures, xg ventures
Joseph Tartakoff
Mar 4, 2010 3:50 PM
TripIt, which offers a series of online tools that travelers can use to organize their travel plans, has raised $7 million in a funding round. With TripIt, users e-mail in their itineraries and then have TripIt organize them into a single “master travel itinerary” that they can easily share and…
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E-Commerce, Travel, Media & Publishing, Money, M&A & Venture Capital, Venture Capital, azure capital partners, o'reilly alphatech ventures, tripit