VC

Green Technology News Site Greentech Nabs $2.75 Million

Authored by Mark Hefflinger on May 13, 2008 - 9:05am.

Cambridge, Mass. - Greentech Media, an online media company covering green technology news and analysis, announced on Tuesday that it has raised $2.75 million in its second round of venture capital, which was co-led by EGORA Holding and The Massachusetts Green Energy Fund.

Life Story Archive Experience Project Gets $3 Million

Authored by Mark Hefflinger on May 13, 2008 - 7:30am.

San Francisco - Experience Project (EP), the developer of a social website that lets users anonymously share the stories of their life experiences, said on Tuesday that it has raised $3 million in its first round of funding, led by the D.E. Shaw Group.

Sprout Raises $5 Million for Web Content Creation Platform

Authored by Mark Hefflinger on May 13, 2008 - 7:00am.

San Francisco - Sprout, the provider of a Web-based platform for the creation of Flash-based widgets, mashups, mini-sites, banners and other forms of distributable Web content, announced on Tuesday that it has closed a $5 million second round of financing, led by Polaris Venture Partners.

Social Gaming Network Raises $15 Million

Authored by Mark Hefflinger on May 13, 2008 - 6:46am.

Palo Alto, Calif. - Social Gaming Network (SGN), a developer of social media games whose titles include "Warbook" on Facebook, announced on Tuesday that it has raised $15 million in its first round of funding, led by Greylock Partners, Founders Fund, Columbia Capital and Novak Biddle Venture Partners.

Mobile Marketing Firm Mozes Lands $11.5 Million

Authored by Mark Hefflinger on May 13, 2008 - 6:34am.

Palo Alto, Calif. - Mozes, the provider of an on-demand mobile marketing platform, has raised an $11.5 million second round of financing led by Maveron, PEHub.com reported, citing a regulatory filing.

Digital Picture Frame Content Firm Frame Media Raises $3M

Authored by Mark Hefflinger on May 12, 2008 - 8:38am.

Boston - Frame Media, a service that delivers personalized content to wireless digital picture frames, announced that it has raised an additional $3 million in venture capital, in a deal that was co-led by Longworth Venture Partners and CommonAngels.

Multiplayer Gaming Card Firm Bigfoot Networks Gets $8.75M

Authored by Mark Hefflinger on May 12, 2008 - 8:21am.

Austin, Texas - Bigfoot Networks, a provider of technology that decreases lag time for networked online gaming, has raised an $8.75 million second round of funding, led by North Bridge Venture Partners and Palomar Ventures, Austin Business Journal reported.

Report: Facebook Secures $100 Million Loan to Add Servers

Authored by Mark Hefflinger on May 12, 2008 - 6:25am.

Palo Alto, Calif. - Online social network Facebook has secured a new $100 million venture lending deal with TriplePoint Capital, adding to the $360 million it has landed over the past seven months, BusinessWeek reports. Facebook chief financial officer Gideon Yu told BusinessWeek.com the funds "will be used entirely for servers."

Veodia Lands $8.3 Million for Web Video Broadcasting Services

Authored by Mark Hefflinger on May 12, 2008 - 6:10am.

San Mateo, Calif. - Veodia, a provider of high-quality streaming video delivery services for businesses, announced on Monday that it has raised $8.3 million in its first round of venture capital financing, from Clearstone Venture Partners, the D.E. Shaw Group, and a group of angel investors led by Steven Berger.

Smartphone Content Firm Viigo Adds $1.5M to First Round

Authored by Mark Hefflinger on May 9, 2008 - 7:31am.

Toronto - Viigo, a provider of mobile content applications for smartphones, said on Friday that it has received a $1.5 million follow-on investment to its first round of financing, from RBC Venture Partners.

Web Entertainment Portal Giant Realm Lands $2 Million

Authored by Mark Hefflinger on May 8, 2008 - 7:05am.

New York - Giant Realm, an online entertainment portal whose sites target males 18-34 and attract 4.2 million unique monthly visitors, announced on Thursday that it has received a $2 million investment from SoftBank Capital.

Web-based Ad Agency Spot Runner Gets $51 Million

Authored by Mark Hefflinger on May 7, 2008 - 7:29am.

Los Angeles - Spot Runner, a Web-based advertising service that helps local businesses create ads and place them on TV and radio, announced on Wednesday that it has raised $51 million in new financing.

"Intellectual" Video Site FORA.tv Lands $4 Million

Authored by Mark Hefflinger on May 7, 2008 - 7:03am.

San Francisco - FORA.tv, a video site that specializes in political and cultural content, has raised $4 million in its first round of funding, from Adobe Ventures, William Randolph Hearst III and others, Beet.TV reported.

Personalized Content Search Firm Jinni Raises $1 Million

Authored by Mark Hefflinger on May 7, 2008 - 6:36am.

Herzliya, Israel - Jinni, a developer of personalized content search and discovery technology, has raised a $1 million first round of financing from Start-Up Factory, Globes Online reported.

PurePlay Raises Funding for Legal U.S. Poker Site

Authored by Mark Hefflinger on May 6, 2008 - 7:21am.

San Francisco - PurePlay, an online poker site that allows users to play for cash and claims to be compliant with U.S. laws, announced on Tuesday that it has raised a third round of venture capital, led by Bay Partners, with total funding to date now at $15 million.

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.

Christian Video Site GodTube Raises $30 Million

Authored by Mark Hefflinger on May 5, 2008 - 7:26am.

Dallas - GodTube, a Christian video-sharing site and online social network, has raised $30 million in new financing from GLG Partners, at a valuation of around $150 million, PaidContent.org reported.

HD Video Streamer Vusion Gets Funds; Signs Island Def Jam

Authored by Mark Hefflinger on May 5, 2008 - 6:56am.

San Jose, Calif. - Vusion, a provider of HD-quality streaming video distribution services, on Monday announced its official launch and the signing of Island Def Jam Music Group as its first customer.

Web Messaging Firm Meebo Raises $25 Million

Authored by Mark Hefflinger on May 1, 2008 - 8:10am.

Mountain View, Calif. - Confirming earlier reports, Web-based messaging and chat service Meebo announced on Thursday that it has raised $25 million in new financing, led by JAFCO Ventures.

Softbank-led Group Invests $430M in China's Oak Pacific

Authored by Mark Hefflinger on May 1, 2008 - 7:00am.

Beijing - Japan's Softbank has led a $430 million investment that will give the group a 35% stake in Oak Pacific Interactive (OPI), which manages Xiaonei.com, China's largest social networking site.