Coca-Cola, which is no stranger to music-related marketing, is taking a minority stake in Spotify. The deal is part of a new round of financing expected to bring in $100 million and value the music service at $3 billion. Read More
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Marketing platform HubSpot, which helps companies turn social media activity into business leads, today announced it has raised an additional $35 million. Read More
Game publisher and developer Trion Worlds has completed an $85 million round of equity financing led by Ontario Teachers’ Pension Plan with participation from existing investor Bertelsmann Digital Media Investments. Read More
San Francisco
- Slide, the provider of an online photo slideshow service, has raised $50
million in a new financing round that values the company at more than $500
million, BusinessWeek reported. Investors in the round included Fidelity
Investments and T. Rowe Price.
Founded in 2005 by PayPal co-founder Max Levchin,
San Francisco-based Slide offers Web-based tools that let users create photo
and video slideshows from their photo collections, and embed them on Web pages
and social networks like Facebook and MySpace.
The company claims 144 million
monthly unique [...].