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.
Authored by Jay Baage on September 19, 2007 - 2:54am.
Andrew Cleland, Executive Director of Time Warner Investments - the venture arm of the world's biggest media company - is long on investments in Online Video, Social Networks, Gaming, Virtual Worlds and Mobile. In a recent interview with Beet.tv and Tech Confidential he also explains why he is particularly interested in advertising services, management of video assets and search. Time Warner Investments seeks to acquire minority equity stakes in private companies, and targets an investment size of up to $25 million. Time Warner's latest acquisition was ScanScout last week. Watch the interview here.
San Jose, Calif. - Broadband network chipmaker BroadLogic announced that it has raised $17 million in a new round of financing, led by Comcast Interactive Capital.
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