Velocity Interactive Group

Best Buy, Velocity Interactive Team on Digital Media Fund

Authored by Mark Hefflinger on May 28, 2009 - 8:02am.
Los Angeles - Electronics and media retail store chain Best Buy (NYSE: BBY) announced on Thursday that it has partnered with venture capital firm Velocity Interactive Group to form a new digital media fund, which will invest in companies involved in digital music, video, games and personal media management.

Report: Former AOL Head Not Trying to Acquire Yahoo

Authored by Mark Hefflinger on December 17, 2008 - 10:32am.

New York - Contrary to widespread reports that surfaced earlier this month, former AOL (NYSE: TWX) head Jonathan Miller is not trying to acquire Yahoo (NASD: YHOO) and isn't a candidate to replace departed CEO Jerry Yang, Bloomberg reported, citing people familiar with the matter.

FatTail Raises $3 Million for Online Ad Optimization Software

Authored by Mark Hefflinger on October 15, 2008 - 6:53am.

Woodland Hills, Calif. - FatTail, a provider of online advertising optimization software, announced on Wednesday that it has raised $3 million in its first round of venture capital, led by Velocity Interactive Group.

News Aggregation Site Public Post Lands Funding

Authored by Mark Hefflinger on August 18, 2008 - 5:55am.

New York - Lewis Dvorkin, the former senior vice president of AOL News and Sports, has landed an undisclosed amount of funding for his new venture, an online news network called Public Post, PaidContent reported.

CrowdFusion Lands $3 Million for Web Publishing Platform

Authored by Mark Hefflinger on July 31, 2008 - 10:05am.

Los Angeles - Web publishing start-up CrowdFusion has raised $3 million in its first round of venture capital financing, led by Velocity Interactive Group, Greycroft Partners and Marc Andreessen, PaidContent reported.

Publish2 Raises $2.75M for Online News Aggregation Site

Authored by Mark Hefflinger on March 31, 2008 - 7:14am.

Reston, Va. - Publish2, the developer of an online news aggregation platform, said on Monday that it has raised $2.75 million in its first round of funding from Velocity Interactive Group.

P2P Monetization Firm Skyrider Raises $5 Million

Authored by Mark Hefflinger on March 5, 2008 - 10:17am.

Mountain View, Calif. - Skyrider, a developer of monetization technology for peer-to-peer networks, has raised $5 million in new financing, from previous investors Sequoia Capital, Charles River Ventures and Velocity Interactive Group, VentureBeat reports.

Indie Production & Management Studio Generate Gets $6 Million

Authored by Mark Hefflinger on March 5, 2008 - 8:40am.

Los Angeles - Generate, an independent production and management studio "creating professional entertainment properties targeted at Millennials across all media platforms," announced on Wednesday that it has raised $6 million in its first round of financing, led by Velocity Interactive Group and MK Capital.

Radar Networks Raises $13 Million for Semantic Web Technology

Authored by Mark Hefflinger on February 25, 2008 - 8:54am.

San Francisco - Radar Networks, a developer of semantic Web technology, announced on Monday that it has raised a $13 million second round of venture capital, led by Velocity Interactive Group.

MixerCast Raises $6 Million for Media-Sharing Service

Authored by Mark Hefflinger on January 23, 2008 - 7:43am.

San Mateo, Calif. - MixerCast, a provider of social media marketing tools and services, announced on Wednesday that it has closed a $6 million second round of funding, led by Intel Capital.

Online Video Network Broadband Enterprises Gets $10 Million

Authored by Mark Hefflinger on January 17, 2008 - 7:51am.

New York - Broadband Enterprises, an online video network, announced on Thursday that it has received a $10 million investment from Velocity Interactive Group.