Archive for the Travel Category

Digital Media VC

Posted in Deals, Digital Media, News, Travel with tags , , , , , , , , , on December 12, 2008 by Dave Liu

Kosmix Raised $20 Million In Fourth Round — Mountain View, Calif.-based developer of vertical search engines based on specific topics, has raised $20 million in fourth-round funding. Time Warner led the round, and was joined by return backers DAG Ventures, Accel Partners and Lightspeed Venture Partners.

RiseSmart Raised $3 Million In Series A — Sunnyvale, Calif.-based provider of job search and outplacement services via the Web, has raised $3 million in Series A funding from Norwest Venture Partners.

JiWire Raised $11.1 Million In Series B — San Francisco-based WiFi advertising network, has raised around $11.1 million in Series B-1 funding, according to a regulatory filing. It also sold another $1.53 million of Series B warrants, which could be converted into around $3.88 million of preferred stock. Comcast Interactive Capital came aboard as a new investor, with CIC principal David Horowitz joining the JiWire board of directors. JiWire had previously raised around $11.5 million, from firms like Draper Fisher Jurvetson, DFJ Frontier, CNet and Panorama Capital.

Roost Inc Raised $8 Million In Series B — The San Francisco-based search engine for residential real estate has raised $8 million in Series B funding. Shasta Ventures led the round, and was joined by return backers General Catalyst Partners, The Cross Country Group LLC and Geolo Capital.

Tumblr Raised $4.5 Million In Series B — The New York-based social networking and online publishing platform, has raised $4.5 million in Series B Financing. The round was led by Union Square Ventures and Spark Capital.

SnapMyLife Raised $5 Million — The photo sharing site based in Needham, Mass., has raised $5 million led by current investors North Bridge Venture Partners and Carmel Ventures. The company is owneed by Mobicious, Inc.