Investing

Terra Firma Seeks Another $160 Million for EMI

Authored by Mark Hefflinger on February 4, 2010 - 8:28am.
London - Terra Firma, the private equity firm that owns major record label EMI, is seeking to raise an additional $160 million to help repay loans to Citigroup, which helped finance the firm's $4.7 billion acquisition of EMI, according to published reports. Terra may soon default on loan payments due, if it fails to raise the additional capital.

Yahoo Sells HotJobs Unit to Monster for $225 Million

Authored by Mark Hefflinger on February 3, 2010 - 11:04am.
New York - Nine months after it put the unit up for sale, Yahoo (NASD: YHOO) announced on Wednesday that it has sold its HotJobs online recruitment service to Monster Worldwide for $225 million in cash. The deal includes a three-year agreement wherein Monster will provide career and job content on Yahoo's home page in the U.S. and Canada, and gives Monster the rights to negotiate similar agreements for Yahoo properties in Europe, Asia and Latin America.

Venture Capital Links

VC Deals by Sector:
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tags: Deals |

Acquisition Links

Acquisitions by Sector:
Music   |   Games |   Video   |   Mobile
tags: Deals |

iFollo.com Gets $1 Million for User-Submitted Celebrity Sightings

Authored by Mark Hefflinger on February 9, 2010 - 8:12am.
Park City, Utah - iFollo.com, a site that lets users share stories of encounters with celebrities and public figures, announced on Tuesday that it has raised $1 million from investor Robert S. Trump.

Video Caption Transcriber 3Play Media Raises Funding

Authored by Mark Hefflinger on February 8, 2010 - 10:40am.
Somerville, Mass. - 3Play Media, a developer of video caption transcription technology, announced that it has raised $450,000 in funding from angel investors.
tags: Deals | VC | Video | 3Play Media |

Report: AOL Working with Four Bidders on Sale of ICQ

Authored by Mark Hefflinger on February 8, 2010 - 9:58am.
New York - AOL (NYSE: AOL) is in serious negotiations with four bidders to sell its ICQ instant messaging service, All Things D reported on Monday.

Swedish Web Movie Service Voddler Gets $3.5 Million

Authored by Mark Hefflinger on February 8, 2010 - 9:44am.
Stockholm, Sweden - Voddler, a provider of streaming video services, has raised $3.5 million in new funding from Eqvitec Partners.

Canadian News Site The Mark Closes First Round of Funding

Authored by Mark Hefflinger on February 8, 2010 - 9:26am.
Toronto - The Mark, a Canada-based online daily news magazine, announced on Monday that it has closed its first round of funding, led by Innovation Grade Capital.

Motorola Leads Investment in Social Music Player TuneWiki

Authored by Mark Hefflinger on February 8, 2010 - 9:13am.
Schaumberg, Ill. - Motorola (NYSE: MOT) Ventures announced on Monday that it has led a new investment round in TuneWiki, a provider of social media music players and related applications.

Adult Site Operator FriendFinder Cancels IPO

Authored by Mark Hefflinger on February 5, 2010 - 8:32am.
Boca Raton, Fla. - FriendFinder Networks, an operator of adult-oriented websites and dating services, and publisher of Penthouse magazine, announced on Friday that it has opted to postpone its planned IPO, citing current market conditions.

Tween Girls Site Fashion Playtes Raises $1.7 Million

Authored by Mark Hefflinger on February 5, 2010 - 8:19am.
Salem, Mass. - Fashion Playtes, the operator of an online girls fashion website, has raised $1.7 million in venture capital, according to a filing by the company with the Securities and Exchange Commission.

Scrapblog Gets $2.5 Million for Online Scrapbook Creation

Authored by Mark Hefflinger on February 5, 2010 - 7:41am.
San Francisco - Scrapblog, an online service that lets users upload photos and create Web-based scrapbooks, has raised $2.5 million in a fourth round of funding, TechCrunch reported, citing a regulatory filing.

Kwedit Secures $3 Million for Payment Service for Virtual Goods

Authored by Mark Hefflinger on February 5, 2010 - 6:48am.
Mountain View, Calif. - Kwedit, a developer of new payment services for digital content and virtual goods, announced that it has raised $3 million in its first round of funding, from True Ventures, Kapor Capital, Maples Investments, Endeavor Partners, Fenwick and West, and angel investors.

AppFund to Fuel Development of Apple iPad Applications

Authored by Mark Hefflinger on February 4, 2010 - 8:51am.
New York - CNET and E! Online co-founder Kevin Wendle and MusicNation fo-founder Daniel Klaus have teamed to form AppFund, a new investment firm that will provide funding and expertise to developers working on applications for Apple's new iPad.

NYT: Amazon Acquires Touch-Screen Developer Touchco

Authored by Mark Hefflinger on February 4, 2010 - 8:38am.
New York - Amazon.com (NASD: AMZN) has acquired Touchco, a developer of touch-screen display technology, The New York Times reported, citing a person briefed on the deal.

LensVector Gets $30 Million for Camera Phone Lens Tech

Authored by Mark Hefflinger on February 4, 2010 - 7:04am.
Mountain View, Calif. - LensVector, a developer of autofocus technology for camera phone lenses, announced on Thursday that it has raised $30 million in a third round of financing, led by Institutional Venture Partners.

College Lecture Podcast Firm Echo360 Raises Funds

Authored by Mark Hefflinger on February 3, 2010 - 8:43am.
Dulles, Va. - Echo360, a provider of Internet audio and video technology used by universities, has raised $6.8 million in an extension of its second round of funding, which initially closed in Oct. 2008, according to a filing with the Securities and Exchange Commission (SEC).

Russian Casual Games Firm Alawar Secures $3 Million

Authored by Mark Hefflinger on February 3, 2010 - 7:43am.
Los Angeles - Alawar Entertainment, a Russia-based casual games publisher, has received a $3 million equity investment from Almaz Capital Russia Fund, which will hold a 23% stake in the company, PaidContent reported.

Yammer Gets $10 Million for Enterprise Microblogging

Authored by Mark Hefflinger on February 3, 2010 - 7:20am.
San Francisco - Yammer, the developer of a microblogging service for businesses, has raised $10 million in its second round of venture capital financing, led by Emergence Capital.