Canaan Partners

ESPN Leads $80 Million Round for The Active Network

Authored by Mark Hefflinger on August 27, 2008 - 11:54am.

San Diego - The Active Network, a provider of online communities focused on sports and promoting healthy lifestyles, has raised an $80 million, sixth round of venture capital led by Disney's (NYSE: DIS) ESPN, PEHub.com reported, citing a regulatory filing.

Webcasting Services Provider ON24 Secures $8 Million

Authored by Mark Hefflinger on July 15, 2008 - 6:16am.

San Francisco - ON24, a provider of webcasting and virtual events services, announced on Tuesday that it has secured over $8 million in new equity and expansion capital financing.

Zoosk Raises $4.1 Million for Online Social Dating Network

Authored by Mark Hefflinger on June 12, 2008 - 8:41am.

San Francisco - Zoosk, an online social dating network, announced on Thursday that it has closed a $4.1 million second round of venture capital financing, led by Canaan Partners with participation from previous backer ATA Ventures.

LiveU Scores $9 Million for Wireless Video Transmission Platform

Authored by Mark Hefflinger on June 5, 2008 - 7:25am.

Fair Lawn, N.J. - LiveU, a developer of technology that can transmit live video over wireless networks, announced on Thursday that it has raised $9 million in a second round of financing, co-led by Canaan Partners and Carmel Ventures.

3D Gesture Tech Developer Prime Sense Lands $20.4 Million

Authored by Mark Hefflinger on May 6, 2008 - 6:21am.

Tel Aviv, Israel - Prime Sense, a developer of technology that can enable "3D vision" in electronic devices, has raised $20.4 million in its second round of venture capital financing, led by Canaan Partners.

Online Video Ad Network Tremor Media Lands $11 Million

Authored by Mark Hefflinger on January 14, 2008 - 8:28am.

New York - Tremor Media, the provider of an online video advertising network, announced on Monday that it has raised $11 million in its second round of venture capital financing, led by Canaan Partners and Masthead Venture Partners.

Video-Sharing Service Motionbox Lands $7 Million

Authored by Mark Hefflinger on December 4, 2007 - 7:58am.

New York - Motionbox, which bills itself as a family-oriented video-sharing site, announced on Tuesday that it has raised $7 million in its second round of funding, led by new investor Constellation Ventures.

Online Game Voice Services Provider Vivox Gets $7.8 Million

Authored by Mark Hefflinger on November 13, 2007 - 7:29am.

Framingham, Mass. - Vivox, a provider of integrated voice services for online games and virtual worlds, announced on Tuesday that it has raised $7.8 million in a second round of venture capital financing, led by Benchmark Capital.

Prize-based Sports Wagering Service PicksPal Raises $3 Million

Authored by Mark Hefflinger on October 30, 2007 - 7:26am.

Mountain View, Calif. - PicksPal, a free, national online sports competition where users predict the winners of various games, has raised $3 million in its third round of venture capital financing, from Bay Partners and Canaan Partners, PEHub.com reported.

Peer-to-Peer Loan Facilitator Lending Club Raises $10.26 Million

Authored by Mark Hefflinger on August 23, 2007 - 9:23am.

Sunnyvale, Calif. - Lending Club, a peer-to-peer money-lending service that initially launched as a Facebook application, announced that it has raised $10.26 million in new financing, led by Norwest Venture Partners and Canaan Partners.

Mobile Interactive TV Firm Cellcast Asia Gets $5.25 Million

Authored by Mark Hefflinger on August 22, 2007 - 8:55am.

London - Cellcast, a U.K.-based provider of interactive TV and mobile entertainment content, said that its new Cellcast Asia Holdings venture has raised $5.25 million from new investor Canaan Partners.

Online Publisher Associated Content Lands $10 Million

Authored by Mark Hefflinger on August 1, 2007 - 10:47am.

Denver - Associated Content, an online media firm that mixes professional and user-generated content, has raised $10 million in its second round of venture capital financing, led by Canaan Partners.

Digital Content Distributor Casabi Lands $10 Million

Authored by Mark Hefflinger on March 13, 2007 - 4:44pm.

Campbell, Calif. - Casabi, a provider of digital home content and services, said on Tuesday that it has raised $10 million in its second round of funding, led by Canaan Partners.

Video-sharing Service Motionbox Raises $4.2 Million in First Round

Authored by Mark Hefflinger on September 6, 2006 - 5:30pm.
New York - Video-sharing service Motionbox announced on Wednesday that it has raised $4.2 million in its first round of venture capital financing. Investors participating in the round included Canaan Partners, SAS Investors and Japan's Itochu Corporation. New York-based Motionbox says its service makes it easier for less tech-savvy users to upload and share their personal videos online. The funds will be used for further product development and marketing efforts.