Tag Archive: funding
After all the layoffs and cost cutting, relief comes to Definition6, the online marketing firm. The current round brought around $15 million from Navigation Capital Partners. Definition6 would utilize the finds to expand its business further and acquire a couple of marketing firms. There is definitely a lot of space for online marketing firms to expand and grow and given Definition6′s decade of success, there is always a better chance of a firm doing good.
On demand payment software, Vindicia has raised a healthy $7.5 Million in its fourth round of funding. The round was led by ONSET Ventures along with participation from existing investors; DCM, Leader Ventures and Bertelsmann Digital Media Investments. The company utilizes the SAAS model to help provide fraud management solutions and its customers include companies that are related to social networking, virtual worlds and online gaming. ONSET ventures GP, David Lane and Keith Titan of BDMI will take place in the company’s board of directors.
Looks like Russians are really keen about expanding there presence felt strongly on Facebook. Digital Sky Technologies has placed another investment offer to buy $100 million worth of stocks. Beginning from today, employees will have to accept the terms of the deal if they are interested in availing the offer. The present offer is second from DST, following the $200 Million deal a couple of months back and raises its overall stakes in Facebook to 3.5%.
When it comes to the web and more importantly business across it, the idea to collaborate with customers leveraging the Twitter platform makes things faster and easier. CoTweet is a startup that makes this a possibility. The startup lets users manage multiple accounts from a single dashboard, support multiple editors for each account, keep track on conversations, set tasks, etc. The startup has also raised a healthy $1.1 Million in venture funding from various investors that include, Baseline Ventures, Founders Fund, SV Angel, Maples Investment, Freestyle Capital and First Round Capital.
Mobile Video Streaming service provider, Qik continues to grow and raise funds. Qik raised $5.5 Million in a new round of funding and it came from Camp Ventures. Quest Venture Partners and other private investors. Although it has competitors like Kyte, etc but being featured in the Ovi Store and coming preloaded on Nokia S60 phones has definitely given it a big boon to its growth.
Quantcast is all set to raise a healthy $50 Million in its third round of funding for its Web Analytics service as reports state. There isn’t news that either tells or confirms who the investors are. Quantcast has been busy polishing itself up and releasing the Quantcast Media Program that provides targeted business based on the data on audience to both publishers and marketers. The current round would be the largest getting past the $20 Million it raised in its second round early last year.
Marc Andreessen continues to have his presence felt across the web by making major investments and initiating his latest $300 Million fund. Andreessen Horowitz will be investing around $1 Million in TPM, TalkingPointsMemo. The round is definitely not a huge one but it adds to the ever growing influence of Andreessen in the blog network. The round for TPM was led by Andreessen along with other investors. TPM has remained profitable ever since its inception and presently has a monthly audience of 1.5 million visitors.
