Internet Deals

InterSearch Raises $7 Million in Debt Financing

Authored by Mark Hefflinger on July 24, 2006 - 6:19pm.
San Francisco - InterSearch Group, a San Francisco-based provider of Internet search services and operator of industry-specific destination portals, said on Monday that it has raised $7 million in debt financing.

Panraven Raises $1.75 Million in Second Round

Authored by Mark Hefflinger on July 24, 2006 - 6:16pm.
Cambridge, Mass. - Panraven, a provider of online tools for posting pictures and information about personal travel and vacation stories, has raised $1.75 million in its second round of venture capital, Private Equity week reported. Investors in the company include Tim Draper, Manny Fernandez and David Flaschen.

Social Networking Site Multiply Raises $6 Million in First Round

Authored by Mark Hefflinger on July 17, 2006 - 1:13pm.
Boca Raton, Fla. - Multiply, a provider of tools and communication features that allow people to create and share their online presence and communications, has raised $6 million in its first round of venture capital, led by Transcosmos Investments.

Blog Search Engine Technorati Raises $7.6 Million

Authored by Mark Hefflinger on July 14, 2006 - 12:09pm.
San Francisco - Technorati, an ad-supported search engine that indexes more than 40 million blogs, has raised $7.6 million in its third round of venture capital financing, VentureWire reported.

iBloks Raises $3 Million for Site That Lets Users Mix, Share Media

Authored by Mark Hefflinger on June 29, 2006 - 1:02pm.
San Francisco - iBloks, a provider of an online community where users can purchase and mix media and share their creations, announced on Thursday that it has raised $3 million in its second round of venture capital financing, from Maveron LLC.

Virtual Dress-Up Site Stardoll.com Raises $6 Million

Authored by Mark Hefflinger on June 27, 2006 - 2:27pm.
Stockholm, Sweden - Stardoll.com, a site that lets girls dress-up and makeover virtual dolls, announced on Tuesday that it has raised $6 million in its second round of venture capital financing.

World Series of Video Games, AOL to Create Co-branded Site

Authored by Mark Hefflinger on June 1, 2006 - 1:49pm.
New York - The World Series of Video Games (WSVG) announced on Thursday that it has partnered with AOL to create a co-branded site for the company's tournaments and players.

Internet Giants Yahoo, eBay Join Forces in Partnership

Authored by Mark Hefflinger on May 25, 2006 - 6:57am.
Sunnyvale, Calif. - Taking aim at rivals Google, Microsoft and AOL, Yahoo and eBay on Thursday unveiled a multi-year partnership that will combine the resources of the two Internet giants with combined revenue last year of nearly $10 billion.

Social Networking Site Bebo Lands $15 Million in First Round

Authored by dmw on May 23, 2006 - 7:22pm.
San Francisco - Bebo, a San Francisco-based social networking site, said on Tuesday that it has landed $15 million in its first round of funding from Benchmark Capital. The company said that it will use the financing to expand its U.S. employee base and open a London office. After launching in July, Bebo said that it is now the largest social networking site in the U.K., Ireland and New Zealand, according to both Nielsen and Alexa, and also is experiencing rapid growth in the U.S., Australia and Canada. All told, the service 24 million registered users.

Photo Hosting Site Photobucket Raises $10.5 Million

Authored by dmw on May 16, 2006 - 12:53pm.
Palo Alto, Calif. - Photobucket, a provider of visual content hosting and publishing services, said on Tuesday that it has secured $10.5 million in its second round of funding, led by new investor Trinity Ventures of Menlo Park. The company, which said that it is profitable, said that it will use the funds to expand its market and revenue growth. Palo Alto, Calif.-based Photobucket, which has more than 16 million members and draws 10 million unique monthly visitors, according to comScore Media Metrix, allows user to upload videos, images and graphic art and link it to over 50,000 web sites like eBay, MySpace, Blogger, and Neopets. The company said that it serves over 50 billion image and video requests a month.

Global Gaming League Creates Co-branded Site on AOL.com

Authored by dmw on May 11, 2006 - 12:25pm.
Los Angeles - The Global Gaming League (GGL), a producer of online and live video game tournaments and events, announced on Thursday that it has partnered with AOL to create a co-branded site on AOL.com. The GGL hub on AOL will feature original video, player profiles and information on GGL live and online tournaments.

Yahoo, NBC Universal, Telemundo Create Yahoo Telemundo Portal

Authored by dmw on May 10, 2006 - 3:56am.
Sunnyvale, Calif. - Yahoo announced on Wednesday that it has partnered with NBC Universal Television Group and Telemundo, to combine their U.S. Hispanic Internet properties to create a co-branded Internet business. Yahoo Telemundo will integrate Yahoo services with Telemundo content, and replace the existing Yahoo en espanol and Telemundo websites. Under the deal, Yahoo and Telemundo will merge staff and share advertising revenue.

Blog Search Engine Firm Sphere Raises $3.75 Million in First Round

Authored by dmw on May 2, 2006 - 11:01am.
San Francisco - Sphere, a San Francisco-based developer of a blog search engine, said on Tuesday that it has raised $3.75 million in its first round of venture capital, led by Trident Capital. Sphere, whose website officially launched on Tuesday, said that it plans to use the funds to scale its technology and business. The company has developed a search tool that allows users to find timely blog posts, which can be displayed by time or relevance.

Comcast to Offer IGN Entertainment Content to Broadband Subscribers

Authored by dmw on May 2, 2006 - 10:28am.
Philadelphia - Comcast, the nation's largest cable TV provider, announced on Tuesday that it partnered with News Corp.'s video game site IGN Entertainment to launch "Game Invasion," a free online game service for Comcast's broadband subscribers. The service includes access to IGN's editorial content, game trailers and demos, and community features.

Fox Interactive Media Acquires Early-Stage Firms Newroo, KSolo.com

Authored by dmw on May 1, 2006 - 7:11pm.
Los Angeles - Fox Interactive Media, the News Corporation unit whose recent acquisitions include MySpace and Scout Media, announced on Monday that it has completed its acquisition of early-stage companies Newroo and kSolo.com. San Francisco-based Newroo provides a search tool that helps users create their own websites by aggregating and remixing content from third-party websites and blogs, while kSolo.com is an online karaoke site that lets users share their performances. Financial terms of both transactions were not disclosed. "Fox Interactive Media's acquisitions of Newroo and kSolo demonstrate our commitment to empowering users with interesting tools that they can use to further enhance their online experience and online identity," said Fox Interactive Media president Ross Levinsohn. The company plans to utilize the technologies across various Fox Interactive Media properties.

Media Publishing Software Firm FilmLoop Raises $7 Million

Authored by dmw on May 1, 2006 - 7:07pm.
Palo Alto, Calif. - FilmLoop, a provider of free software that allows people to broadcast, find and share digital images, said on Monday that it has raised $7 million in its second round of funding from Palo Alto-based ComVentures. FilmLoop launched in November, and claims to have served more than 400,000 users since. The company plans to use the funding to further develop its photocasting technology and self-publishing tools, as well as grow its network through partnerships. The company was founded in 2004 by Kyle Mashima, the former vice president of strategic development at Adobe, and Prescott Lee the former CEO and co-founder of eCircles.

Netflix to Raise $105 Million Through Sale of 3.5 Million Shares

Authored by dmw on April 28, 2006 - 6:11am.

Los Gatos, Calif. - Online DVD rental service Netflix announced on Friday plans to sell 3.5 million shares of its stock, priced at $30 each. The transaction is expected to close on May 3. The company said it will use the approximately $105 million in proceeds for general corporate purposes. Earlier this week, Los Gatos, Calif.-based Netflix reported that it now counts 4.87 million subscribers, and also raised its year-end subscriber target from 5.9 million to 6.3 million.
http://biz.yahoo.com/prnews/060428/sff018.html?.v=50
http://www.netflix.com

Social Networking Site Meetup.com Gets $2 Million Investment from eBay

Authored by dmw on April 12, 2006 - 7:45am.
New York - Meetup.com, a social networking site used by many grassroots political groups, said in an SEC filing that it has received a $2 million investment from online auctioneer eBay. New York-based Meetup.com announced last month that investors including eBay, eBay founder Pierre Omidyar's Omidyar Network, Draper Fisher Jurvetson, Esther Dyson, Allen & Company and Senator Bill Bradley had acquired a 10% stake in the company. The revelation of eBay's stake was made to dispel any notion of conflict with its founder's investments. Since gaining attention during the 2004 presidential election, the Meetup.com's users have grown to include groups created by mothers, dog owners and NASCAR fans, who use the service to organize real-world meetings.

Comcast to Sell Bundled Services at Wal-Mart

Authored by dmw on April 10, 2006 - 6:08am.
Philadelphia - Comcast, the nation's largest cable TV provider, announced on Monday that it has partnered with retail giant Wal-Mart to offer its bundled broadband, digital TV and broadband Internet services in 500 Wal-Mart stores. Comcast will sell a $60 all-in-one self-install kit that includes a broadband modem in the electronics departments of the participating Wal-Mart locations.

Blinkx Adds Heavy.com Programming to Searchable Web Video Index

Authored by dmw on April 10, 2006 - 5:55am.
San Francisco - Blinkx, a searchable index of Web video, said on Monday that it has signed an agreement with broadband entertainment site Heavy.com, to transcribe and index the site's content in the Blinkx index.