Archive for VC

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , , , , , , , , , , , on January 15, 2009 by Dave Liu

Yodle Raised $10 Million In Series C — New York-based provider of local online advertising and lead generation, has raised $10 million in Series C funding. JAFCO Ventures led the round, and was joined by return backers Draper Fisher Jurvetson and Bessemer Venture Partners.

SocialVibe Raised $8 Million In Series B — Los Angeles-based social media monetization platform, has raised $8 million in Series B funding. JAFCO Ventures led the round, and was joined by return backer Redpoint Ventures.

SimpleTuition Raised $6 Million In Series C — Newton, Mass.-based online student loan comparison site, has raised $6 million in Series C funding, according to a regulatory filing. Backers include Atlas Ventures, Flybridge Venture Capital and North Hill Ventures.

RevaHealth.com Raised Euro1.25 Million — Dublin, Ireland-based provider of a global health clinic search engine, has raised €1.25 million in new VC funding. Existing backer Mianach Venture Capital led the round, and was joined by Enterprise Ireland.

Go Internet Media Raised $10 Million In Series A — Santa Clara, Calif.-based online advertising network focused on consumer acquisition services, has raised $10 million in Series A funding led by Kennet Partners.

NewsGator Technologies Raised $10 Million In Series E — Denver-based provider of content aggregation tools and services, has raised $10 million in additional Series E funding. Return backers include Masthead Venture Partners, Mobius Venture Capital and Vista Ventures.

United Sample Raised $3 Million In Series B — Encino, Calif.-based provider of online sample solutions for the market research industry, has raised $3 million in Series B funding. Greycroft Partners led the round, and was joined by return backer DFJ Frontier.

Schoolwires Raised $12 Million In First Round — State College, Penn.-based provider of online portals and content management solutions for K-12 schools, has raised $12 million in its first round of institutional funding. Kennet Partners led the round, with Kennet principal Eric Filipek joining the company’s board of directors.

Motionbox Raised $6 Million In Series C — New York-based personal video sharing and storage site, has raised $6 million in Series C funding. Constellation Ventures led the round, and was joined by fellow return backers Canaan Partners and SAS Investors.

Meez Raised Undisclosed Amount Of VC Funding — San Francisco-based social entertainment community, has raised an undisclosed amount of VC funding led by Anthem Venture Partners. The company also acquired Pulse Entertainment Inc., a San Francisco-based provider of avatar messaging services for mobile phones and websites. Meez had previously raised VC funding from Battery Ventures and Transcosmos, while Pulse had raised over $50 million from firms like Anthem, DFJ, El Dorado Ventures, Encore Venture Partners and Mobius Venture Capital.

ServiceChannel.com Raised Undisclosed Amount Of Series B — Albertson, N.Y.-based provider of online tools for contractors to collaborate with facilities managers, has raised an undisclosed amount of Series B funding led by SJF Ventures.

Kewego Raised $6.2 Million In Funding — Internet video company based in Paris, raised $6.2 million (4.7 million Euros) from Banexi Venture Partners and CDC Entreprises.

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , , , , , , on January 10, 2009 by Dave Liu

Superfish Raised $5.3 Million In Series B — Visual search engine startupwith offices in Israel and Silicon Valley, has raised $5.3 million in
Series B funding, according to a regulatory filing. Backers include DFJ Tamir Fishman Ventures, The Individuals’ Venture Fund and Xenia Venture Capital. Board members include Andreas Stavropoulos of DFJ.

Play Hard Sports Raised $8 Million In Series B — Foxboro, Mass.-based provider of sports-focused MMO games, has raised $8 million in Series B funding, according to a regulatory filing. Return backer New Enterprise Associates participated, alongside an outside lead. The company is run by former Turbine CEO Jeffrey Anderson, and had previously raised a $5 million Series A round. http://www.playhard.net

Major League Gaming Raised $7.5 Million — New York-based professional video game league, has raised $7.5 million in follow-on funding from Oak Investment Partners. It had previously raised $25 million.

JibJab Raised $7.5 Million In Series C — Venice, Calif.–based provider of digital greetings and online entertainment, has raised $7.5 million in Series C funding. Overbrook Entertainment and Sony Pictures Entertainment joined return backer Polaris Venture Partners. The company had previously raised around $10 million.

Digital Entertainment Corp. of America Raised $10 Million In Series B — Rustic Canyon was joined by return backers Atomico, General Catalyst Partners and Mayfield. The Santa Monica, Calif.-based company was founded to actively identify, develop, finance, market, and distribute interactive entertainment concepts and properties across the Internet. http://www.deca.tv

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , , , , on January 3, 2009 by Dave Liu

BandMetrics Raised Undisclosed Amount — Band Metrics, an Atlanta-based online music trends analytics and analysis firm, has received an angel round of financing. The investment was led by Allen Graber, a technology investor and entrepreneur.

Hoodiny Raised Undisclosed Amount — Hoodiny Entertainment, a Latin-focused digital entertainment company and parent of music and social network Cyloop.com, has received an undisclosed amount of investment from Constancio Vigil. The Miami Beach, Fla. company has previously raised $11 million from angel investors.

JAZD Markets Raised 8 Million First Round — The online B2B directory firm, based in Andover, MA, has closed an $8 million first round of investment in the company. The round of investment was jointly led by Commonwealth Capital Ventures and Pilot House Ventures. It has sites such as Jazdchemicals.com, Jazdenergy.com, Jazdpackaging.com and many others.

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , on December 26, 2008 by Dave Liu

Ferrell-Backed Comedy Site Raises $3 Million — FunnyOrDie, the company with a network of online content site and backed by Will Ferrell and Sequoia Capital, has raised a new round of $3 million from one undisclosed investor, according to an SEC filing. No word on whether this is a new tranche, or part of the $15 million it raised earlier this year.

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , , , , , , , , , , , , on December 19, 2008 by Dave Liu

NetShelter Technology Media Raised $11M In Series A — Toronto-based provider of vertical media networks, has raised US$11.1 million in Series A funding. Backers include Rho Canada, GrowthWorks Canadian Fund and JLA Ventures.

BlueKai Raised $11M In Series B — Seattle-based online intent data exchange, has raised $10.5 million in Series B funding. Battery Ventures led the round, and was joined by return backer Redpoint Ventures.

DotBlu Raised $2M In Series A — Online “community dedicated to friendly competitive online gaming,” has raised $2 million in Series A funding, according to a regulatory filing. Backers include Maples Investments and D.E. Shaw. The company is based in San Francisco.

Outside.in Raised Undisclosed Amount Of New Funding — Brooklyn, N.Y.-based developer of local news/blog websites, has an undisclosed amount of new funding. Return backers include Union Square Ventures, the New York City Investment Fund and Betaworks. It had previously raised around $5.4 million.

Chegg.com Raised $25M In Series C — Santa Clara, Calif.-based online marketplace for textbook rentals, has raised $25 million in Series C funding. Kleiner Perkins Caufield & Byers and Foundation Capital were joined by return backers Gabriel Venture Partners and Primera Capital.

TimeshareNOW.com Raised $9M In VC Funding — Dover, N.H.-based online secondary marketplace for timeshares, has raised $8.5 million in VC funding from Edison Venture Fund.

Overlay.TV Raised $5M In Second Round — Ottawa, Ontario-based interactive video platform, has raised C$4.6 million in second-round funding. Return backers include Celtic House Venture Partners, Tech Capital Partners and EdgeStone Capital Partners.

Tagged Raised $25M In Debt — San Francisco-based social discovery site, has raised $5 million in venture debt co-led by Horizon Technology Finance and Leader Ventures. The company had previously raised venture capital from Mayfield Fund.

Taptu £6.5 M In Series B — Cambridge, UK-based pure-play mobile search engine, has raised £6.45 million in Series B funding from return backers 3i Group and Sofinnova investments.

SongKick.com Raised $4M In Series A — London-based operator of an online tracking index for concert listings, has secured $3.5 million of a $4 million Series A round led by Index Ventures. The round includes an option to be expanded by $2 million.

Scribd Raised $9M In Series B — San Francisco-based social publishing company, has raised $9 million in Series B funding. Charles River Ventures led the round, and was joined by return backers Redpoint Ventures and Kinsey Hills Group.

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.

Digital Media VC

Posted in Deals, Digital Media, News with tags , , , , , , , on December 5, 2008 by Dave Liu

ThePort Network Raised $4.1 Million In Series B Funding — Atlanta-based provider of SaaS social media solutions, has raised $4.1 million in Series B funding.

Koofers Raised $0.5 Million In Series A Funding — Reston, Va.-based operator of an online community for data that can help students keep up with their classes, has secured $500,000 of a $2 million Series A round, according to a regulatory filing. Backers include Altos Ventures and New Atlantic Ventures.

ExtendMedia Corp Raised $10 Million In SeriesC Funding — Newton, Mass.-based provider of online video distribution software and services, has raised $10 million in Series C funding, according to a regulatory filing. Return backers include Atlas Venture, Venrock Associates and TVM. The company had previously raised $23 million.

PassAlong Networks Is Raising $30 Million In Funding — Nashville, Tenn.-based provider of digital music distribution and sharing services, is planning to close a $30 million round of funding later this month, according to VentureWire. It previously raised $40 million from individual angels.