Digital Media VC Fundings


ContextWeb Raised $30 Million Series D Round — New York-based developer of contextually-based online advertising solutions, has secured over $26 million of a $30 million Series D round, according to a regulatory filing. Investor Growth Capital was joined by return backers like Draper Fisher Jurvetson, DFJ Gotham Ventures and Updata Ventures.

Biosocia Raised $1.5 Million Series A Round — New York-based developer of online communities that are structured like games, has raised $1.5 million in Series A-1 funding, according to a regulatory filing. Backers include Spark Capital, Baseline Ventures, Betaworks Studio and Ron Conway.

GumGum Raised $1.0 Million Series A Round — Santa Monica, Calif.-based licensing and distribution platform for content online, has secured $500,000 of a $1 million Series A round, according to a regulatory filing. First Round Capital led the deal, with partner Howard Morgan taking a GumGum board seat.

LivingSocial.com Raised $5.0 Million Series A Round — Washington, D.C.-based social discovery and cataloging network, has raised more than $5 million in Series A funding. Grotech Ventures led the round, and was joined by Steve and Jean Case.

MyToons.com Raised Undisclosed Amount In Series bRound Los Angeles — based operator of an online animation community, has raised an undisclosed amount of Series B funding co-led by Syncom Venture Partners and Barshop Ventures.

Zynga Game Network Raised $29.0 Million VC Funding — San Francisco-based social gaming company, has raised $29 million in new VC funding. Kleiner Perkins Caufield & Byers led the round, and was joined by Institutional Venture Partners and return backers Avalon Ventures, Foundry Group and Union Square Ventures.

TicketLeap.com Raised $2.0 Million Series A Round — Philadelphia-based online ticket exchange, has raised $2 million in Series A funding. Backers include MentorTech Ventures and Ben Franklin Technology Partners of Southeastern Pennsylvania.

Tradual Raised $2.4 Million Series A — Tradual Inc., a Boston-based social media company focused on the foreign currency exchange marketplace, has secured $2.4 million of a $4 million Series A round, according to a regulatory filing. North Bridge Venture Partners is leading the financing, with partner Jeff Beir taking a board seat.

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