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Web Ad Optimization Firm YieldBuild Lands $6 Million

Authored by Mark Hefflinger on March 3, 2008 - 8:58am.

San Francisco - YieldBuild, a provider of online advertising services, announced on Monday that it has raised a $6 million second round of financing, led by Storm Ventures.

tags: Deals | VC | Advertising | Storm Ventures | Hummer Winblad | YieldBuild |

Widgetbox Gets $8 Million for Widget Tools, Hosting Service

Authored by Mark Hefflinger on January 31, 2008 - 8:10am.

San Francisco - Widgetbox, a provider of Web-based widget application development and distribution tools, has raised $8 million in its second round of venture capital financing, led by Northgate Capital, TechCrunch reported.

tags: Deals | VC | Social Networking | Widgets | Hummer Winblad | Sequoia Capital | Widgetbox | Northgate Capital |

Product Recommendation Software Firm Baynote Raises $10.75 Million

Authored by Mark Hefflinger on April 3, 2007 - 10:55am.

Cupertino, Calif. - Baynote, a developer of software that delivers product recommendations, content suggestions and socially-driven search results, announced on Tuesday that it has raised $10.75 million in its second round of venture capital financing, led by Steamboat Ventures.

tags: Deals | VC | Marketing | Retail | Hummer Winblad | Steamboat Ventures | Baynote | JK&B Capital |

Court Keeps Bertelsmann-Attorney Talks Secret in Napster Investor Suit

Authored by Mark Hefflinger on March 15, 2007 - 11:45am.

San Francisco - A federal appeals court has ruled that German media conglomerate and one-time Napster investor Bertelsmann does not have to disclose its lawyers' communications regarding a $50 million loan it provided Napster in 2001, the Associated Press reported.

tags: Law | Lawsuits | Piracy | Music | Bertelsmann | Napster | RIAA | Copyright | Hummer Winblad |

Internet TV Distributor Move Networks Raises $11.3 Million

Authored by Mark Hefflinger on February 5, 2007 - 8:25am.

American Fork, Utah - Move Networks, a provider of video distribution technology for TV network clients, announced on Monday that it has raised $11.3 million in new funding, led by Hummer Winblad Venture Partners and Steamboat Ventures.

tags: Deals | VC | Video | TV | Fox | Hummer Winblad | CW | Move Networks | Steamboat Ventures |

Napster Investors Bertelsmann, Hummer Winblad Still Face Copyright Suit

Authored by Mark Hefflinger on April 21, 2004 - 4:11am.
San Francisco -- One-time Napster investors Bertelsmann and venture capital firm Hummer Winblad will be in federal court next week, facing charges from the major record labels and music publishers that the companies' investments in Napster facilitated copyright infringement and lead to $17 billion in lost sales, Reuters reported. Bertelsmann provided $90 million to Napster in 2000, earmarked for the company to develop a copyright-friendly service. The record labels contend that these funds and those from Hummer Winblad allowed Napster to maintain its illegal service in the interim, making the investors liable for third-party copyright infringement. U.S. District Judge Marilyn Patel, who also delivered the initial ruling that shut down Napster's peer-to-peer service in 2000, will begin hearing arguments against the Napster investors in San Francisco on April 27.
tags: Bertelsmann | Napster | Hummer Winblad | Copyright Suit |