Benchmark Capital

Twitter Confirms Funding; Reportedly $100M at $1B Valuation

Authored by Mark Hefflinger on September 28, 2009 - 6:00am.
San Francisco - Microblogging service Twitter on Friday confirmed that it has landed a "significant round of funding," which The Wall Street Journal reported was $100 million at a valuation of about $1 billion -- four times its valuation from earlier this year. The company said that investors included Insight Venture Partners, T. Rowe Price, Institutional Venture Partners, Spark Capital and Benchmark Capital.

Clicker.com Launches Web TV Guide with $8 Million

Authored by Mark Hefflinger on September 15, 2009 - 8:04am.
Los Angeles - Clicker.com has launched its video search engine, which aims to index all of the movies, TV shows and other video content available online and arrange it by network, genre and show name.

Riot Games Raises $8 Million for Virtual Item-based Titles

Authored by Mark Hefflinger on September 9, 2009 - 8:29am.
Los Angeles - Riot Games, an independent developer and publisher of online games, announced on Wednesday that it has raised $8 million in new financing, from Benchmark Capital, FirstMark Capital and Chinese online services firm Tencent.

Fanbase Lands $5 Million for Online Sports Almanac

Authored by Mark Hefflinger on August 24, 2009 - 7:55am.
San Francisco - Fanbase, a user-driven almanac of college and professional athletes, has received $5 million in funding from Benchmark Capital and officially launched its service.

Polyvore Nabs $5.6M for User-Generated Web Fashion Magazine

Authored by Mark Hefflinger on August 19, 2009 - 7:25am.
Mountain View, Calif. - Polyvore, a user-generated online fashion magazine, has raised $5.6 million in its second round of funding.

Mobile Payments Firm Boku Raises $13 Million

Authored by Mark Hefflinger on June 16, 2009 - 8:12am.
San Francisco - Boku, a provider of mobile micropayment services, announced on Tuesday that it has closed a $13 million round of venture capital funding, led by Benchmark Capital.

Content Delivery Network Cotendo Lands $7 Million

Authored by Mark Hefflinger on March 11, 2009 - 9:00am.
San Carlos, Calif. - Cotendo, a provider of content delivery network services and software, announced on Wednesday that it has raised $7 million in second round funding, from Sequoia Capital and Benchmark Capital.

Twitter Lands Another $35 Million in Funding

Authored by Mark Hefflinger on February 13, 2009 - 11:23am.
San Francisco - Twitter, the popular microblogging service, said on Friday that it has raised $35 million in its third round of funding, co-led by Institutional Venture Partners and Benchmark Capital. "We weren't actively seeking more funding... Nevertheless, our strong growth attracted interest and we decided to accept a unique opportunity to make Twitter even stronger with a very attractive offer," the company said in a blog post.

Friendster Raises $20 Million, Names Former Google Exec as CEO

Authored by Mark Hefflinger on August 5, 2008 - 7:10am.

San Francisco - Online social network Friendster announced on Tuesday that it has closed on $20 million in new funding, led by IDG Ventures, and named former Google executive Richard Kimber as its new chief executive.

Riot Games Secures $7 Million for Premium Online Titles

Authored by Mark Hefflinger on July 10, 2008 - 8:24am.

Los Angeles - Riot Games, an independent developer focused on "premium online multiplayer session-based games with best-of-breed online services," announced on Thursday that it has secured a $7 million round of financing from Benchmark Capital and FirstMark Capital.

Social Networking Platform Lithium Technologies Gets $12M

Authored by Mark Hefflinger on June 30, 2008 - 7:09am.

Emeryville, Calif. - Lithium Technologies, the provider of a platform that lets businesses create their own social networks and online communities, announced on Monday that it has raised a $12 million second round of financing, led by Benchmark Capital.

Facebook Exec Named General Partner at Benchmark Capital

Authored by Mark Hefflinger on June 20, 2008 - 11:10am.

Menlo Park, Calif. - Benchmark Capital, an early-stage technology venture capital firm, has named Facebook executive Matt Cohler as a general partner. Cohler, one of the first five employees hired at Facebook in 2005, currently serves as the company's vice president of product management. He will join Benchmark in the fall and maintain a relationship with Facebook, serving as special advisor to founder and CEO Mark Zuckerberg.

Grockit Lands $8 Million for Multiplayer Learning Game

Authored by Mark Hefflinger on May 30, 2008 - 7:19am.

San Francisco - Grockit, a San Francisco-based start-up developing a massively multiplayer learning game, announced on Friday that it has raised $8 million in its second round of financing, led by Integral Capital Partners with participation from Benchmark Capital.

Move Networks Raises $46 Million for HD Online Video Delivery

Authored by Mark Hefflinger on April 14, 2008 - 6:37am.

American Fork, Utah - Move Networks, a provider of HD online TV services, announced on Monday that it has landed a $46 million third round of financing, led by Benchmark Capital.

Glassdoor Raises $3 Million for Stealth-Mode Social Network

Authored by Mark Hefflinger on March 28, 2008 - 7:16am.

Sausalito, Calif. - Glassdoor.com, a stealth-mode "social networking company focused on employment conditions in the workplace," has raised $3 million in a second round of funding led by Benchmark Capital, according to PEHub.com.

Gizmoz Secures $6.5 Million for Social Meida Avatars

Authored by Mark Hefflinger on March 17, 2008 - 5:55am.

San Francisco - Gizmoz, a provider of customized, user-generated avatars for use with social media services, announced on Monday that it has raised $6.5 million in its second round of financing, led by DoCoMo Capital.

Widget Distribution, Tracking Service Gigya Raises $9.5 Million

Authored by Mark Hefflinger on March 10, 2008 - 10:33am.

Palo Alto, Calif. - Gigya, a developer of technology for distributing, tracking and analyzing widgets, said on Monday that it has raised $9.5 million in its second round of funding, led by Mayfield Fund.

Web TV Network ManiaTV Secures $5.5 Million

Authored by Mark Hefflinger on March 3, 2008 - 11:42am.

Denver - ManiaTV Network, an Internet-based television network, has raised $5.5 million in its third round of funding, led by DAG Ventures, PEHub.com reported, citing a regulatory filing.

Yelp Gets $15 Million for User-Generated Local Reviews

Authored by Mark Hefflinger on February 27, 2008 - 12:56pm.

San Francisco - Yelp, a social media site where users can post reviews of local bars, restaurants and other businesses, announced on Wednesday that it has raised a $15 million fourth round of financing, led by DAG Ventures.

FriendFeed Gets $5 Million for Social Media-sharing Service

Authored by Mark Hefflinger on February 26, 2008 - 7:19am.

Mountain View, Calif. - FriendFeed, the developer of a social media platform that lets users keep up with what Web pages, photos, videos and music their friends and family are sharing, announced on Tuesday that it has raised $5 million in its first round of financing, from Benchmark Capital and company co-founders Paul Buchheit and Sanjeev Singh.