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In-Stream Video Ad Provider CTS Media Raises $8 Million

Authored by Mark Hefflinger on May 30, 2007 - 12:15pm.

Hong Kong - CTS Media, a Hong Kong-based provider of in-stream video advertising technology and services, announced on Wednesday that it has raised $8 million in its second round of venture capital financing, led by Disney's Steamboat Ventures.

tags: Deals | VC | Video | Advertising | Streaming | Sequoia | Steamboat Ventures | Draper Fisher | CTS Media |

Web-based Instant Messenger Service Meebo Raises $9 Million

Authored by Mark Hefflinger on January 18, 2007 - 9:49am.

Mountain View, Calif. - Meebo, a provider of a Web-based instant messaging service, announced on Thursday that it has raised $9 million in its second round of venture capital financing, led by new investor Draper Fisher Jurvetson and existing shareholder Sequoia Capital.

tags: Deals | VC | Tech | DFJ | AIM | Sequoia | IM | Meebo | Draper Fisher Jurvetson | Instant Messaging |

Mobile Ad Technology Developer Amobee Raises Capital

Authored by Mark Hefflinger on January 8, 2007 - 8:38am.

London - Amobee Media Systems, a developer of mobile phone advertising technology, has raised between $15 and $20 million in its second round of venture capital financing, Israeli business news site Globes.co.il reported.

tags: Deals | Mobile | VC | Advertising | Sequoia | Israel | Cellphones | Amobee | Accel | Globespan |

Weblogs Founder Calcanis Joins Sequoia Capital

Authored by Mark Hefflinger on December 5, 2006 - 2:53pm.
Chicago - Dot-com veteran Jason Calcanis, the founder of Weblogs Inc. who recently left his position with AOL's Netscape division, announced that he has joined venture capital firm Sequoia Capital as an "entrepreneur in action," TechCrunch.com reported.
tags: Deals | VC | Career | Moves | Sequoia | Weblogs | Jason Calcanis |

Digital Music Player Developer Songbird Raises $1 Million

Authored by Mark Hefflinger on October 4, 2006 - 12:48pm.
San Francisco - Songbird, a developer of digital music player software that can access songs both off a PC and the Internet, announced that it has raised $1 million in new financing from Atlas Ventures and Sequoia Capital, Venture Beat reported. San Francisco-based Songbird's media player searches websites visited for available music files, and allows them to be played within the player at any time. It also features a range of music search engines, and allows users to subscribe to MP3 blogs -- with song updates added to the player automatically. The company will use the funds as bridge financing until it can complete its first venture round, a source told Venture Beat.
tags: Deals | VC | Tech | Music | Sequoia | Songbird | Atlas Ventures |

Mobile Ad Network AdMob Lands Funding from Sequoia Capital

Authored by Mark Hefflinger on September 7, 2006 - 1:35pm.
Menlo Park, Calif. - AdMob, a company that operates an online mobile ad network, said on Thursday that it has raised an undisclosed amount of venture capital in its first round of funding from Sequoia Capital.
tags: Deals | VC | Marketing | Advertising | Tech | Mobile Deals | Sequoia | Mobile Marketing | AdMob |

Mobile Service Provider flipt Lands $5 Million in First Round

Authored by dmw on May 1, 2006 - 7:06pm.
Palo Alto, Calif. - Newly formed mobile service provider flipt said on Monday that it has received $5 million in its first round of funding, co-led by Sequoia Capital and New Enterprise Associates. The company was founded by CEO Sam Altman during his sophomore year at Stanford, where he was studying computer science. Altman said that he developed the service, which will be geared toward teens and 20-somethings, to better organize his social life. The company plans to unveil its service in the coming weeks, when it will also announce executive team additions and mobile carrier partnerships.
tags: Deals | Mobile | VC | Mobile Deals | People | Sequoia | flipt | NEA | Sam Altman | Stanford |

Contextual Advertising Firm Kontera Raises First Round Funds

Authored by dmw on April 27, 2006 - 7:32am.
San Francisco - Kontera, a developer of contextual advertising technology, announced that it has raised an undisclosed amount of first round financing from Sequoia Capital. The company's ContextLink technology finds contextually relevant keywords on a publisher's Web pages in real-time, and automatically matches them to relevant ads presented as sponsored keyword links. San Francisco-based Kontera will use the funds to accelerate product development and expand its sales and marketing efforts.
tags: Deals | VC | Marketing | Advertising | Tech | Sequoia | Kontera |

Video-Sharing Site YouTube Raises $8 Million

Authored by dmw on April 6, 2006 - 3:36pm.
San Mateo, Calif. - Video-sharing site YouTube, which launched in February 2005 and now serves over 35 million video streams daily, announced that it has received $8 million in venture capital funding from Sequoia Capital. San Mateo, Calif.-based YouTube sees 35,000 new video clips uploaded each day, ranging from music videos and branded network clips to amateur fare. The company claims 100 million daily page views and 6 million unique users daily. The site gained exposure when several "Saturday Night Live" clips were posted and gained record traffic; YouTube has since taken down the copyrighted material at the request of NBC. The company will use the funds to expand its sales and marketing efforts, as well as its infrastructure.
tags: Deals | Internet | VC | Internet Deals | Video | Video Deals | Marketing | Metrics | YouTube | Sequoia |