Institutional Venture Partners

Yext Raises $25 Million for Local Internet Advertising

Authored by Mark Hefflinger on October 2, 2009 - 5:48am.

New York - Yext, a provider of local Internet advertising services, has raised $25 million in a new round of funding led by Institutional Venture Partners.

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.

WSJ: Twitter Close to Raising $100 Million

Authored by Mark Hefflinger on September 24, 2009 - 6:01am.

New York - Twitter is close to raising as much as $100 million in new funding from as many as seven investors, The Wall Street Journal reported, citing people familiar with the deal. That is double the $50 million figure that several recent reports indicated the company was in the process of raising.

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.

Report: Twitter to Secure New Funding at $250M Valuation

Authored by Mark Hefflinger on January 26, 2009 - 8:23am.

San Francisco - Microblogging service Twitter has signed a term sheet with Institutional Venture Partners to raise a new round of funding at a $250 million valuation, TechCrunch reported, citing two unnamed sources.

Social Games Developer Zynga Nabs $29 Million, Buys YoVille

Authored by Mark Hefflinger on July 23, 2008 - 6:47am.

San Francisco - Zynga, a developer of social media games, announced on Wednesday that it has raised $29 million in new financing, and acquired YoVille, a virtual world game on social networks.

Virtual World for Teens Gaia Online Raises $11 Million

Authored by Mark Hefflinger on July 14, 2008 - 8:59am.

San Jose, Calif. - Gaia Online, an online virtual world for teens that claims 5 million unique monthly users, announced on Monday that it has closed an $11 million third round of funding from Institutional Venture Partners.

Digital Video Tools Provider RGB Networks Raises $20 Million

Authored by Mark Hefflinger on April 15, 2008 - 7:27am.

Sunnyvale, Calif. - RGB Networks, a developer of digital video processing tools that help service providers deliver targeted video content, said on Monday that it has raised $20 million in a new round of funding, led by new investor Institutional Venture Partners.

Smartphone Content Distributor Handango Raises $9.5 Million

Authored by Mark Hefflinger on March 4, 2008 - 7:56am.

Hurst, Texas - Handango, a provider of mobile content for smartphones, announced that it has raised $9.5 million in its third round of venture capital financing, which will be used to support distribution deals, improve scalability and expand globally.