Odysii an online service that provides marketing solutions, enabling businesses to communicate with customers in an effective way has raised a sum of $15 million. The funding comes from Giza Ventures and Benchmark Capital. The purpose of Odysii is to deliver targeted messaging to its users. Adi Eyal, co-founder and CEO stated in a release:
Archive for October, 2008
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Announcements keep flowing at the PDC 2008. Today’s keynote was full of them – with the first Windows 7 preview, Live Services announcements and Live Mesh updates, a peek at Office 14 and even hints at what’s to come in the Silverlight space.
One of the major announcements was that of the Live Framework. Sync and Sharing for Applications.
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Baidu is looking to compete with the likes of Amazon, as it stepped into the C2C (consumer-to-consumer) business with its new launch of Youa.
Mr. Jun Yu, Vice President of Products at Baidu said:
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The Mozilla Firefox extension Gphotospace integrates with your Gmail account to give you storage space and sharing of photos. The app simply requires you to install and enjoy creating photo albums to save memories and share with your love ones. The process is as such that the extension upload the files to your Gmail account, while also resizing them, and you can then easily share those albums with the access of Gphotospace’s slick integration with Gmail. The service is free to use and runs only on Windows for the time being.
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San Francisco, California based Zuora, an on demand subscription billing and payment service, has raised an amount of $15 million in the second round of funding. The round was led by Shasta Ventures and Lehman Brothers Venture Partners. Among the participants were current investors Benchmark Capital and Mark Benioff. To date the total amount of funding raised by the company is $21.5 million.
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Social networking game developer, Playfish, has raised an amount of $1.7 $17 million in the second round of funding. The round was led by Accel Partners and Index Ventures. The amount will be used to accomplish their mission of being the leading social game company. According to Playfish’s CEO, Kristian Segerstrale:
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Live free storage space worries with IDrive’s 2GB storage space, allowing you to save your work online. Now you can create a remote back-up of your critical files, all you need to do is download IDrive’s setup, install it on your PC or Mac, select the files you’re looking to save, and leave the rest to IDrive, as it automatically begins uploading those files to its servers – over an SSL-encrypted connection. The service allows a sweet feature of updation as well, as it monitors your computer for changes to files and folders and connects every ten minutes to update the backup. Though if you’re worried about how much speed it’s going to take up, you can set a bandwidth throttle to keep a check. IDrive also offers a IDrive Pro, having 150GB of backup storage space, for $4.95/month or $49.50/year.
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If you’re looking for an apartment in the elite urban areas of San Francisco, Gentrify helps you find just that. Gentrify mashes Craiglist apartment listings with business listings on Yelp and integrates them on Google Maps, thereby helping yuppies find a suitable neighborhood, alongside the raw food restaurants and pilates studios. The new web app even has a Gentrification Score for an apartment’s surrounding neighborhood. The quote below best describes the service:
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London based online developer, Netviewer, has raised $7 million ($8.7 million) in a round of funding. The amount is raised from T-Online Venture Fund and European Founders Fund. The company that focuses mainly on Web 3.0, has been providing solutions for internet based services since 2001. The company will use the amount for its growth world wide. You can check out the press release here.
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As speculations surrounded StumbleUpon’s future recently, EBay, the site’s owner, was not shy about the asking price: a walloping $75 million. Though with the revenue that StumbleUpon produces ($5 to $7.5 million), the acquiring price isn’t that far fetched. Yet, where Digg and StumbleUpon might sound like a good merger, Google has enough funds in their pocket to make a sweep here. Having interest to enter this arena, StumbleUpon & Google Reader could be integrated to raise Google RSS feed’s standard. As of late Google is showing a lot of interest in new investments, and this could be a really good one. If you think this’s a good idea or not, for Google to buy StumbleUpon; share your comments!
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