Posts Tagged ‘ venture capital ’

Confirmed: Zynga Raises $150 Million From Softbank

July 29, 2010
By Joseph Tartakoff
Confirmed: Zynga Raises $150 Million From Softbank

Zynga is confirming this evening that it has indeed raised $150 million in funding from Japanese internet and telecom firm Softbank. Reports that the social gaming giant had raised the cash first surfaced several months ago, although Zynga would not comment then.


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Business Insider Raises $3 Million In Fourth Round

July 28, 2010
By Joseph Tartakoff
Business Insider Raises $3 Million In Fourth Round

Business Insider, which has established itself as an aggressive online source of a wide range of business news and commentary, has raised $3 million in its latest funding round. In a blog post, CEO Henry Blodget says the amount is a “vast sum relative to the couch...
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Disney’s Steamboat, Others Put $7.5 Million In Elemental Technologies

July 26, 2010
By Joseph Tartakoff
Disney’s Steamboat, Others Put $7.5 Million In Elemental Technologies

Elemental Technologies, a Portland, OR.-based startup that sells video processing systems used by content companies, has raised $7.5 million in a new funding round. The funding comes from Walt Disney Co. (NYSE: DIS) venture arm Steamboat Ventures, along with existing backers General Catalyst Partners and Voyager Capital.

CEO Sam...
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Triangulate Gets Cash From Playdom Chairman, Others For Facebook Dating App

July 26, 2010
By Joseph Tartakoff
Triangulate Gets Cash From Playdom Chairman, Others For Facebook Dating App

Triangulate, a startup trying to build an online dating business on Facebook, has raised $750,000 from Trinity Ventures and Playdom Chairman Rick Thompson. Triangulate is the latest so-called “social dating” site to attract interest from investors; Zoosk, the most established player in the market, has raised more than $40...
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BuzzLogic Raises $8.8 Million Second Round; Adds Custom Rich Media Unit

July 26, 2010
By David Kaplan
BuzzLogic Raises $8.8 Million Second Round; Adds Custom Rich Media Unit

Online conversational marketing tracker BuzzLogic has raised an $8.8 million second round. The funding, from returning backers, comes a month after BuzzLogic CEO Rob Crumpler stepped down from the post. Crumpler had been with San Francisco company since it started years ago and left to pursue “other startup opportunities.” In addition to...
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Sling Co-founder Jason Krikorian Joins DCM

July 25, 2010
By David Kaplan
Sling Co-founder Jason Krikorian Joins DCM

Jason Krikorian, co-founder of video technology company Sling Media, has joined venture capital firm DCM as a general partner. In January ‘09, Krikorian, along with his brother and Sling Media co-founder Blake, left the company less than a year after it was bought by EchoStar (NSDQ: SATS) as...
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Cloud-Based Gamer Gaikai Adds Intel and Limelight As Backers

July 23, 2010
By Joseph Tartakoff
Cloud-Based Gamer Gaikai Adds Intel and Limelight As Backers

Gaikai, a much-buzzed about startup that promises to let users play PC-based games in their web browsers, has added two big names to its list of backers. The company says that both Intel (NSDQ: INTC) venture arm Intel Capital and content delivery network Limelight Networks (NSDQ: LLNW) have...
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Investors Bet $3 Million On Social Betting Site Betable

July 22, 2010
By Robert Andrews
Investors Bet $3 Million On Social Betting Site Betable

Betable, a site that lets web users create their own bets for people to wager against, has attracted a $3 million first-round venture funding led by Niklas Zennström and Janus Friis’ Atomico VC house.

It’s not the first site in the social betting space, which includes Smarkets, Pikum (deceased) and Bragster.


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ThisNext Adds On To Third Round, Brings In Federated Media For Ads

July 21, 2010
By David Kaplan
ThisNext Adds On To Third Round, Brings In Federated Media For Ads

Social shopping site ThisNext has raised some additional funding to the $1.2 million round from February, and says it will begin working with blog and ad network Federated Media. The Los Angeles company has also made some additions to its board, as CEO Matt Edelman, who was Read more »

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Search Ads Provider Trada Looks To Display Expansion With Google’s Help

July 21, 2010
By David Kaplan
Search Ads Provider Trada Looks To Display Expansion With Google’s Help

Search ad optimizer Trada has raised a $5.75 million third round led by Google (NSDQ: GOOG) Ventures. The Foundry Group, a previous backer, also participated in the round. The proceeds will go towards the Boulder, CO-based start-up’s international expansion, as well as helping it promote its services to ad agencies.


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