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February 28, 2011

Q&A with Tigits co-founder and CEO Sean Miller

Tigits logo 

Tigits is a provider of temporary changeable secondary phone numbers. The Toronto-based company was founded in  2010.

SUB: Please briefly describe the service you offer. 

Miller: Tigits (short for – “temporary digits”) is a new service that offers an anonymous and second changeable phone numbers that are linked to users’ permanent wireless or home phone. This allows users to maintain safety and privacy while making and receiving calls. Tigits subscribers can give out their Tigits temporary number when dating online, protecting their permanent home phone and wireless numbers, as well as their home address. If a date goes bad, the Tigits subscriber can quickly change their temporary number, preventing unwanted calls. Email services like Hotmail, Yahoo and Gmail have provided this type of anonymity, safety and privacy online for years and now Tigits delivers the same features over the phone. It can also be used for business dealings, buying things online, dealing with salespeople or anytime someone doesn’t want to give their permanent number to a stranger.

SUB: I noticed a testimonial from LavaLife on your website and other references to online dating, so I assume that is a key target market for you, but what other groups are you going after with your service?

Miller: Tigits is also great to use when buying or selling something from a stranger on an online classified site like craigslist. It is also good for small business owners who can’t afford to set up a full separate phone system for their business. They can use a Tigits number for business and their personal number for their personal calls. The service is useful for anytime you have to give out a phone number but you don’t want someone to have your permanent number. It really serves as a second phone number without the expense of having to set up another cell phone or land line.

SUB: How does your service work on the back end?

Miller: We worked with one of Canada’s largest telecom companies to design a flexible and scalable platform to complete calls. We’re leveraging our telecom partner’s backbone to handle our call traffic, and we’ve built a custom software system to manage phone number assignments.

SUB: How are you marketing the service? Is it available everywhere, or does availability depend on phone service provider?

Miller: Tigits works with all home and cellphone carriers. We have launched in Toronto but will be rolling out nationwide in a few months and then North America-wide soon after.

SUB: How did the idea for the service come about?

Miller: I have done quite a bit of online dating over the years and I had a specific incident that sparked the idea for Tigits. I was meeting a woman for a first date she showed up late, she was at least a decade older than her profile picture, she was intoxicated, she was rude, and she kept touching my ear. Then after the date she kept calling me on my main phone number for weeks. After that experience I decided there had to be a way to go on a date without giving my personal permanent phone numbers. So I created Tigits, which in this case would have been perfect because I could simply have changed my Tigits number and that bad date would never be able to contact me again.

SUB: What were the first steps you took in starting the company (did you assemble a team first, build a beta product first, etc.)?

Miller: The first thing i did was present Tigits to one of Canada’s leading telecommunications companies who liked the idea and signed on to help develop and deploy the technology. I then was lucky enough to get Bruce Croxon, the founder and former CEO of Lavalife, to also become a partner. I then raised capital and assembled a great team and we developed the infrastructure

SUB: Have you raised outside funding? Do you plan to in the near future?

Miller: Yes we raised outside funding and we may raise more money in the future.

SUB: Finally, what advice do you have for entrepreneurs just starting out?

Miller: Don’t listen to the naysayers and if you believe in what you have stand your ground and sell like hell. Make sure you develop a great team that you enjoy working with. Remember it is a long haul so be prepared for a lot of ups and downs, but just push through them because things change all the time and when you least expect it. Be fully open-minded, but at the same time your intuition and gut feel is your best tool, so trust that. Most importantly have fun with it. If your readers have any advice for me I would love to hear it.

Tigits – www.tigits.com

Funding and Acquisitions: BMW launches fund for mobile and eco technologies for autos

Today’s funding and acquisitions news roundup from across the web:

Finance

BMW’s New $100M Fund To Invest in Mobile, EcoAuto Startups (via gigaom)

Social Media

Khosla Ventures Leads $5.6 Million Funding For MyLikes; Buchheit Joins Board (via TechCrunch)

Mobile

Clickatell scores $12M to rejuvenate texts with bulk messaging (via VentureBeat)

IT/SaaS

ProspX Raises $8 Million For Social Software For The Insurance Industry (via TechCrunch)

Cloud Computing

DynamicOps Raises $11M For Cloud Automation Software, Hires Execs (via TechCrunch)

Web Content

Kidlandia Raises $2.5 Million To Create Personalized Fantasy Maps For Kids (via TechCrunch)

February 25, 2011

Funding and Acquisitions: Custom Facebook apps maker NorthSocial acquired by marketing software firm Vocus

Today’s funding and acquisitions news roundup from across the web:

Social Media

Vocus Buys Facebook Apps Maker North Social For $7M In Cash + $18M Earnout (via TechCrunch) See NorthSocial’s StartUpBeat pitch from August, 2010

Gaming

Green Goose Wows the Crowd & Raises $100K On Launch Conference Stage (via ReadWriteWeb)

 Mobile

BMW Teams Up With, Invests $5 Million In MyCityWay (via TechCrunch)

Web Content

Flavorize.com Looking For $1 Million To Build “Pandora For Food” (via TechCrunch)

Future Simple Raises $1.1 Million To Further Simplify The Life Of SMBs (via TechCrunch)

Gaming/Mobile

TinyCo Raises $18 Million From Andreessen Horowitz For Mobile Gaming (via TechCrunch)

Cloud Computing

Scality Raises $7 Million For Enterprise Cloud Storage System (via TechCrunch)

February 24, 2011

Funding and Acquisitions: Cloud collaboration firm Box.net lands $48 million in new funding

Today’s funding and acquisitions news roundup from across the web:

Cloud Computing

Box.net Raises $48 Million to Take on Enterprise Software Giants (via Mashable)

Mobile

Storific raises $200k from Kima Ventures to let customers order in restaurants via iPhone (via TechCrunch)

Social Media

GOGII Nabs $15 Million To Win At Social Messaging (via TechCrunch)

Syncapse Scores $25 Million for Full-Service Social Media Management (via Mashable)

Web Content

WebMediaBrands Buys Another Blog: Twittercism (via TechCrunch)

February 23, 2011

Q&A with Ideal Network co-founder and CEO Ronny Bell

http://startupbeat.com/images/ideal_network_logo.jpg 

Ideal Network is a daily deals site that gives up to 25 percent of the purchase price of the product or service to a non-profit of the consumer’s choice. The Seattle-based company was founded in 2010.

SUB: How does your daily deals service work? How are you integrating cause marketing into the service?

Bell: Like other daily deal sites, our members sign up and receive a daily deal with a coupon that offers a great deal at a local merchant. Unlike other daily deal sites, 25 percent of the purchase price goes towards a nonprofit or school. Which is real money for causes.

We’ve done something that I think is really powerful: we’ve connected the cause to the member, rather than to the merchant. If you think about it, in traditional cause-related marketing a merchant and a cause are linked, and everyone sees the same deal (whether or not you care about that cause).

We call what we do personalized cause marketing: all of our members in a single market might see the same merchant coupon (e.g., 50 percent off at Theo Chocolates), but each member will see this coupon paired with his chosen cause. So a dog lover sees that 25 percent of his purchase price goes to his local humane society, while a breast-cancer survivor sees that her chocolate purchase funds Susan G Komen for the Cure. We are seeing that this really impacts how members are motivated to buy and to share.

SUB: Who do you see as your primary competition?

Bell: We compete against other daily deal sites, of course. But in the bigger picture we compete against cynicism, or the belief that you cannot make big change by taking little steps. It sounds a bit corny, but we try to keep that close to our heart.

SUB: What is your value proposition for the consumer? How do you differentiate yourselves from sites like Groupon in terms of consumer benefits?

Bell: There are a lot of daily deal sites out there, and from a consumer’s point of view, I think that they are pretty much identical. Honestly, what’s the difference between Groupon and Living Social? They’re both great companies—don’t get me wrong—but do their value propositions differ?

Our value proposition is totally, completely different. It centers around the causes, and the fact that every time you buy, you support a cause. And we’re not funding the general operating budget of a cause, but rather a specific, measurable community project. For example, Habitat for Humanity is using the Ideal Network to raise $5,000 to restore one home in Burien, Wash. for a low-income family.  

If you think about it, most of the things for sale on daily deal sites are not necessities. They’re nice-to-haves. If you can get these at a great price, while raising a meaningful amount of money for a cause you care about… that’s the sweet spot we are looking for.

SUB: Who are your target customers? How are you marketing the site?

Bell: Our target customers are regular people who are looking to make a difference, even if just a small one, with their purchases: people who expect a little more from their brands. Someone who, when looking at two apples, would probably choose the organic one…but would check the price first.

In terms of marketing, we’re not spending a ton of money right now on advertising. Instead we are marketing the site in partnership with our causes which really serves to highlight our strengths.

SUB: How much outside funding have you raised to this point? Do you plan to raise more in the near future?

Bell: To date we’ve raised a very small friends and family round of financing, which has taken us from an idea sketched out on a white board to a working website. Now we’ve launched, we have real customers, causes, merchants, members and revenue, and we are ready to raise some growth capital from individual or institutional investors.

SUB: Where do you see Ideal Network in roughly a year from now?

Bell: We anticipate being in 15 additional markets and on our way to building a nationally recognized brand that is known for supporting non-profit and creating positive outcomes in our communities.

SUB: What have been the biggest challenges your startup has faced to this point?

Bell: Cutting through the noise—so many emails, so many daily deal sites, so much commerce—so that consumers can appreciate our unique value. When people get it, they love it. It’s just a challenge to get people to pay attention.

SUB: Finally, a question I always ask: as an entrepreneur who has weathered the down economy, what advice do you have for those just starting out—especially in an economy that remains less than dynamic?

Bell: I know this may sound silly, but my advice is to create a well-designed, thoughtful product that creates a solution to a real problem. If you do that you have at least a fighting chance to succeed.

Ideal Network – www.idealnetwork.com

Funding and Acquisitions: Online book rentals heats up with BookRenter’s $40 million funding round

Today’s funding and acquisitions news roundup from across the web:

Web Content

BookRenter raises $40M for textbook rentals (via DealsBeat)

GreenTech

Energy Efficiency Startup Transphorm Emerges From Stealth, Raises $20 Million From Google Ventures (via TechCrunch)

Phononic Devices Raises $10 Million To Turn Heat Waste Into Energy (via TechCrunch)

Mobile/Gaming

Exclusive: Grey Area Raises $2.5 Million To Turn Your City Into A Game (via TechCrunch)

February 22, 2011

Funding and Acquisitions: Mobile payments startup Paydiant pulls in $7.6 million in Series A funding

Today’s funding and acquisitions news roundup from across the web:

Mobile                                 

Paydiant Throws Its Hat Into The Mobile Payments Ring, Raises $7.6 Million (via TechCrunch)

Web Content/Finance

Caplinked Raises Cash to Bring Entrepreneurs and Investors Together (via gigaom)

IT/Chips

A $679M deal: CSR and Zoran merge to create consumer chip powerhouse (via VentureBeat)

February 21, 2011

Q&A with Paul Brody, president and co-founder of Sococo


Sococo logo 

Sococo has devised an innovative online communication and sharing community for businesses with distributed teams of employees. It was founded in 2007 and is based in Mountain View, Calif.

SUB: How do your services work? What is the basic experience for the end user?

Brody: Using Sococo Team Space is just like being in an office with your distributed team in real time. You can all talk, chat, screen share and work together in an easy-to-use environment. Plus, you can see what’s going on around you. Team Space has been optimized for groups of four or more members that need to be in frequent communication and use cloud and desktop applications. Sococo’s spatial user interface and avatars create a virtual and visual environment for a more connected experience.

SUB: Who are your target customers?

Brody: Team Space targets businesses with distributed teams, and is particularly handy for those teams who practice Agile development. Team Space, however, is not just for techies. By incorporating the ability to persistently share documents, audio, video, view websites, and instant message, the service is useful for most anyone needing to communicate easily, efficiently, and cost-effectively with their colleagues across a distance.

SUB: How many customers do you currently have?

Brody: Since we launched our beta in early 2010, more than 3,000 Team Space “spaces” have been created.

SUB: What is your business model? How do you make money?

Brody: Our users pay as if renting office space, instead of having to pay for individual membership. Team Space operates on a “freemium” model. We offer a free level of service to everyone with one small conference room, a courtyard, and two offices. Teams can pay for an upgraded space that features up to 32 offices with a conference room able to hold up to 16 people.

SUB: Who do you see as your primary competition?

Brody: Team Space is a social communications service. That means it enables social awareness and interaction between distributed team members in a virtual environment with communications and applications integrated. Its main competitors in communication are Skype for VOIP, and Web-Ex and Go-To-Meeting. With the ability to integrate cloud-based productivity tools into an all-encompassing communication environment, we compete with and beat any individual service in the communication field.

SUB: What differentiates Sococo from the competition?

Brody: Sococo is a social communication service. Providing everyone with an avatar, a private office and conference rooms with their important cloud, enterprise and desktop applications integrated enables people to work in the cloud the same way they would work together in a physical office. It enables ad hoc and scheduled communications and does so in ways that make everyone socially aware of their environment and their co-workers.

SUB: How has the company been funded to this point? Have you raised outside funding? Do you plan to do so in the near future?

Brody: Sococo has earned $6.3 million in Series A funding thus far and the round is still open.

SUB: What have some of the challenges been to building the business so far?

Brody: Sococo Team Space reflects four years of research and development. In those four years we worked through the issues associated with spatial switching, focusing on technical breakthroughs, acquiring three patents in the process, and actively engaging early adopters for feedback. 

SUB:
Where do you see Sococo in roughly a year from now?

Brody: Sococo will have grown into an exciting new entrant in business communications for distributed teams. We should have partners who have added Team Space to their applications to broaden our reach, and we should have further built out the infrastructure for managing complex distributed teams worldwide.

SUB: Finally, a question I always ask: as an entrepreneur who has weathered the down economy, what advice do you have for those just starting out—especially in an economy that remains less than dynamic?

Brody: Go lean. If you have a product and a vision, hammer it out and persevere all storms: going lean is the easiest way to do that. Work out of your home if you have to, don’t buy a physical office (use Sococo Team Space to communicate with your team instead!) and create the product in its purest iteration. Don’t be deterred by detractors or those who don’t understand what you’re trying to do. Sometimes it’s not easy to explain your vision right away. Once you have a product you’re proud of, people will get it.

Sococo – www.sococo.com

February 18, 2011

Funding and Acquisitions: Job site RoundPegg secures $1.27 million

Today’s funding and acquisitions news roundup from across the web:

Web Content

RoundPegg Raises $1.27 Million To Be The eHarmony For Jobs (via TechCrunch)

Social Media

Vitrue Raises $17 Million For To Help Brands Manage Social Media (via TechCrunch)

February 17, 2011

Funding and Acquisitions: Music identification service TuneUp gets a $2 million infusion

Today’s funding and acquisitions news roundup from across the web:

Web Content

TuneUp adds another $2M to clean up your music (via MediaBeat)

Benchmark Capital Bets On Super-Quiet-Stealth-Shhhh ccLoop (via TechCrunch)

Social Media

Social Media Management Firm Vitrue Secures $17 Million in Funding (via Mashable)

Finance

Lendio Helps Small Businesses Secure Loans, Raises $6 Million (+ 500 Free Invites) (via TechCrunch)

Wonga raises £73m in Series C funding to double-down on massive UK growth (via TechCrunch Europe)

Online Video

Next New Networks SEC Filing Pretty Much Confirms YouTube Buyout (via TechCrunch)

February 16, 2011

Q&A with Stella Fayman, founding member and Marketing and Customer Service Ninja, FeeFighters

FeeFighters logo 

FeeFighters is a credit card processor marketplace for small- and medium-sized businesses. It was founded in 2008 and is headquartered in Chicago.

SUB: What is the value proposition FeeFighters brings to the market?

Fayman: Business owners are some of the busiest people you'll find. When it comes to picking a credit card processor, they want to pick the provider with the best rates and customer service, quickly. Unfortunately, the credit card processing industry makes this increasingly difficult with hidden fees, unreadable contracts, and terrible customer service. 

FeeFighters makes the process of choosing a merchant account provider as easy as shopping for a plane ticket. In minutes, business owners can choose the best deal on credit card processing with a reverse auction marketplace that saves the average business owner 40 percent on credit card processing. 

SUB: How does the service work?

Fayman: Business owners simply enter in a few data points about their business and are presented with transparent, apples-to-apples bids from top providers who they can trust. Being listed on the FeeFighters marketplace means providers have to follow stringent rules: no hidden fees, no cancellation fees and excellent customer service.

SUB: How did the idea for the company come about?

Fayman: One of the co-founders, Sean Harper, was shopping for a credit card processor for a previous business. He found the process to be terribly confusing and ended up choosing a provider who ripped him off by $40,000 in the first year. He figured, "if this is hard for me, it must be a problem for most business owners." He was right. 

SUB: What are your target markets?

Fayman:  Our customers are small- to mid-sized businesses who are either wanting to switch their current credit card processor, or get set up for the first time accepting credit cards. 

SUB: How are you currently marketing your service?

Fayman:  We are engaging in both organic and paid search as well as social media and PR. Much of our business comes from word-of-mouth since our users find us very helpful.

SUB: Who do you consider to be your competition?

Fayman: Our competition is the old way that credit card processing is shopped for: salespeople knocking on doors and then disappearing after business owners sign a contract. We are trying to establish trust in an industry where business owners have been burned time and again.

SUB: How is your service different from the competition?

Fayman:  We are a service for business owners, designed by business owners. The bids from merchant account providers on FeeFighters are full of information and are totally transparent: there are no fees allowed which are not stated plainly in the bids. 

SUB: How much outside funding have you raised to this point? Do you anticipate raising any more in the near future?

Fayman:  We have raised an A round of $1.6 million dollars from VCs and angel investors.  

SUB: Where do you see FeeFighters in roughly a year from now?

Fayman:  With thousands of customers, saving more and more business owners 40 percent on their credit card processors. We will have released a ton of great content, grown the team, and made many partnerships with others who aim to help business owners. 

SUB: Finally, a question I always ask: as an entrepreneur who has weathered the down economy, what advice do you have for those just starting out—especially in an economy that remains less than dynamic?

Fayman:  Now is the time to start a business! The economic climate is getting more-and-more supportive of entrepreneurship. There are more government programs and tax incentives now than there were in years past in order to stimulate new business growth. The only cautionary measure is to have an actual revenue model when you're writing your business plan or planning your launch. Though this may seem obvious, many startups go into existence thinking product first, revenue later. 

FeeFighters - www.feefighters.com

Funding and Acquisitions: Memorial website 1000Memories secures $2.5 million in funding from Greylock Partners

Today’s funding and acquisitions news roundup from across the web:

Web Content

1000Memories Raises $2.5 Million to Help Digitally Memorialize Loved Ones (via Mashable)

ThingWorx Scores $5 Million To “Connect The Web To The Real World” (via TechCrunch)

Online Marketing

Constant Contact Buys Social CRM Startup Bantam Live For $15 Million In Cash (via TechCrunch)

February 15, 2011

Funding and Acquisitions: Talent ‘search engine’ Solvate closes a $4 million funding round

Today’s funding and acquisitions news roundup from across the web:

Web Content

Solvate Raises $4 Million For Talent Search Engine (via TechCrunch)

IndexTank, a New Startup, Offers Hosted Search as a Service (via gigaom)

Songkick Raises $2 Million To Help People Track, Catalog Live Music (via TechCrunch)

Mobile

Mobile Tag Raises 6.6 Million Euros For Marketing Solutions Based On NFC tags, 2D And 1D Barcodes (via TechCrunch)

GetJar Snags $25 Million As It Looks to Ride Android Growth (via gigaom)

Video-calling app Tango raises $8.7M (via DealsBeat)

Cloud

Coupa Raises $12 Million To Help Companies Spend Smarter (via TechCrunch)

February 14, 2011

Q&A with meediafeedia co-founder and VP of marketing Justin J. VanBogart

mediafeedia logo 

Mediafeedia provides Facebook marketing management tools for businesses of all sizes. The company was founded in 2008 and is headquartered in South Carolina.  

SUB: How does mediafeedia work? What is the basic experience for the business end user?

VanBogart: By simply signing in with your Facebook account, mediafeedia users can manage multiple business pages on Facebook with a variety of tools. Users can post content in real-time, schedule out content for future delivery, receive Facebook page email notifications, share administrator responsibilities, and in the next few weeks will be able to create custom Facebook tabs that deliver incentives to social media followers!

SUB: Are your target customers just small-and-medium sized businesses or larger enterprises as well?

VanBogart: Right now, we are being used by professionals at small businesses all the way up to Fortune 500 companies. We're excited to have support from a range of organizations, which shows how strong the need is for such a tool.  We will eventually be coming out with an agency-specific tool that meets their specific needs, which we believe will optimize their Facebook marketing abilities for their clients, larger and small.

SUB: How many customers do you currently have?

VanBogart: We are currently working with nearly 1,500 active users and are powering content on over 4,000 Facebook business pages. Our Alexa rating puts us in the top 1.5 percent of all websites (89,000).

SUB: What is your business model? How do you make money?

VanBogart: Currently, mediafeedia is free while in beta and will continue to offer a free version for people to experiment with.  We will eventually launch pro and agency levels of mediafeedia that will offer additional tools specific to an audience's needs and generate revenue for our company. These will be priced competitively and offer easy-to-use tools that are worth the small investment. We will also be expanding our services to create custom tabs on Facebook to offer incentives to their audiences, which will also be an added service for a fee. Our goal is to become a user's partner in managing their content, responding to fans, and helping grow their social media audiences. We believe Facebook is going to be a huge revenue driver for businesses and want to help companies leverage this social media platform to its fullest.

SUB: Who do you see as your primary competition?

VanBogart: We see Hootsuite and Tweetdeck as our primary competition.

SUB: How has the site been funded to this point? Have you raised outside funding? Do you plan to do so in the near future? 

VanBogart: mediafeedia has raised 1.1 million in angel investment and is currently reviewing multiple other funding sources pertaining to our next round of funding.  We do plan to raise additional capital to scale mediafeedia on a national and international level. 

SUB: What differentiates Mediafeedia from the competition?

VanBogart: Our competitive advantage is that we have designed mediafeedia with Facebook, not Twitter, as our focus.  This allows a much richer and user-friendly social media marketing experience to those whom use Facebook as their primary social media marketing vehicle.  Brick and mortar B2C customers have slowly adapted to Twitter but primarily use Facebook. By designing this tool for Facebook, we're able to help users deliver more meaningful content to their fans and help monitor and manage their pages in more relevant ways. 

SUB: What have some of the challenges been to building the business so far?

VanBogart: 1.) Designing for Facebook is very challenging because it's a constantly changing platform; 2.) Raising capital in a tumultuous climate; 3.) Switching the mediafeedia platform to Amazon Cloud was very challenging but was the right decision to ensure easy scalability; 4.) Did we mention raising capital in a very tumultuous climate?

SUB: Where do you see mediafeedia in roughly a year from now?

VanBogart: A thriving retail business (roughly 100,000 free users and 15-20% of them being paid). We've already taken the first steps in releasing the best of breed agency and white label solutions for tier 1 brands and agencies. 

SUB: Finally, a question I always ask: as an entrepreneur who has weathered the down economy, what advice do you have for those just starting out—especially in an economy that remains less than dynamic?

VanBogart: Always believe. Stay focused.  If you don't have belief and focus neither will your users, customers or investors.  Don't be afraid to show passion and character in your marketing. The world is a social place now. People want to connect with other people not with commercials, so create meaningful content and be real.

mediafeedia – www.mediafeedia.com

Funding and Acquisitions: RIM snaps up contact management startup Gist

Today’s funding and acquisitions news roundup from across the web:

Mobile

Research In Motion Acquires Professional Contact Manager Gist (via TechCrunch)

Cooliris Goes After Group Photo Sharing on Mobile with New Funding (via Mashable)

Motorola Buys 3LM, Chases Corporate Buyers of Android Phones (via gigaom)

IT/Data Management

HP Acquires Data Management And Real-Time Analytics Company Vertica (via TechCrunch)

Finance

Intel Invests $26 Million In CloudMade, Kaltura and Others (via TechCruch)

Web Content

Cooliris Gets $9.6 Million From Kleiner Perkins And Others, Releases New Version Of LiveShare Photo Sharing App (via TechCrunch)

February 11, 2011

Funding and Acquisitions: Internet radio startup Slacker Radio lands $3 million

Today’s funding and acquisitions news roundup from across the web:

Web Content

Slacker Radio Raises $3 Million, Plans to Launch On-Demand Near SXSW (via Mashable)

eCommerce

Zipzoom Raises $2.2 Million To Help Connect Shoppers And Local Businesses (via TechCrunch)

Mobile

Siine Lands $880,000, Aims To Change The Way We Type On Touch-Screen Keyboards (via TechCrunch)

February 10, 2011

Funding and Acquisitions: Career and workplace social community Glassdoor.com garners $12 million in funding

Today’s funding and acquisitions news roundup from across the web:

Web Content

Career and Workplace Community Glassdoor.com Raises $12 Million (via TechCrunch)

Slacker Raises $3 Million To Equip More Phones, Cars With Personal Radio Service (via TechCrunch)

Gaming/Social Media

Social Gaming Network Raptr Raises $15 Million; Hits 6 Million Users (via TechCrunch)

Social Media

Career and Workplace Community Glassdoor.com Raises $12 Million (via TechCrunch)

Advertising

uKnow Raises $500,000 Seed Round, Hires About.com Co-founder (via TechCrunch)

February 09, 2011

Funding and Acquisitions: Visa jumps into the virtual goods biz with PlaySpan acquisition

Today’s funding and acquisitions news roundup from across the web:

Gaming

Visa approves this transaction: PlaySpan for $190M (via GamesBeat)

Social Media

Socialware Lands $3 Million To “Put Social Networks To Work” (via TechCrunch)

GreenTech

Gevo, A Branson-Backed Biofuels Maker, Goes Public And Nets $95.7 Million (via TechCrunch)

Online Video

Mitch Kapor Leads $600,000 Angel Round In Video Transcription Startup SpeakerText (via TechCrunch)

Mobile

LOC-AID Raises $13 Million For Location-Based Services Platform (via TechCrunch)

February 08, 2011

Funding and Acquisitions: Online messaging platform Meebo picks up ad targeting firm Mindset Media

Today’s funding and acquisitions news roundup from across the web:

Advertising

Meebo Acquires Ad Targeting Company Mindset Media (via Mashable)

Mobile

HTC Invests In OnLive: Game Streaming To Phones Coming Soon? (via TechCrunch)

SurfKitchen Bought by Teleca (via Mobile Marketing Mag)

Telephony

Freespee Raises €1.1M For Its Call Tracking And Pay-Per-Call Solution (via TechCrunch Europe)

February 07, 2011

Funding and Acquisitions: AOL continues to roll up high-profile content with Huffington Post acquisition

Today’s funding and acquisitions news roundup from across the web:

Web Content

Huffington: AOL Merger Will Help HuffPo's 'Massive Expansion' (via PCMag)

Telecom

ipadio secures £1m investment to take phone-to-web audio into businesses (via TechCrunch Europe)

Mobile

Antenna Acquires Mobile Internet Software Company Volantis (via TechCrunch)

February 04, 2011

Funding and Acquisitions: China-based online video firm lands a huge $250 million investment

Today’s funding and acquisitions news roundup from across the web:

Online Video

Chinese Online Video Company PPLive Raises A Whopping $250 Million (via TechCrunch)

IT/Security

HoneyApps Raises $1 Million For Security Management Software (via TechCrunch)

Mobile

LOC-AID Raises $13 Million For Location-Based Services Platform (via TechCrunch)

February 03, 2011

Funding and Acquisitions: Flight search startup Hipmunk gets a $4.2 million boost

Today’s funding and acquisitions news roundup from across the web:

Web Content

Confirmed: Hipmunk raises $4.2M to “de-agonize” flight search (via DealsBeat)

GreenTech

Earth Aid Raises $4 Million For Home Energy Management Platform (via TechCrunch)

Social Media

Storify Raises $2M From Khosla Ventures To Blend Social Media With Storytelling (via TechCrunch)

February 02, 2011

Funding and Acquisitions: Mobile health startup garners $2.25 million

Today’s funding and acquisitions news roundup from across the web:

Mobile

Mobile Health Startup Massive Health Gains $2.25 Million (via TechCrunch)

Finance

BillGuard Raises $3M To Track Hidden Fees, Billing Errors On Credit Card Bills (via TechCrunch)

Mobile/Advertising

Verve Wireless Acquires Mobile Ad Technology Company Deconstruct Media (via TechCrunch)

Web Content

OkCupid Acquired by Match.com for $50 Million (via Mashable)

Instagram Raises $7 Million, Hits 1.75M Members (via Mashable)

Finland’s Applifier Grabs $2 Million In Funding (via TechCrunch)

GraphEffect Raises $2 Million To Increase Brand “Likes” On Facebook (via TechCrunch)

Cloud Computing

Exclusive: SolidFire Raises $11 Million For ‘Next-Gen’ Cloud Storage Platform (via TechCrunch)

February 01, 2011

Funding and Acquisitions: Nokia gets behind the ‘Netflix of Scandinavia’ with $8 million in funding

Today’s funding and acquisitions news roundup from across the web:

Web Content

Nokia Leads $8 Million Funding Round For Voddler, The ‘Netflix Of Scandinavia’ (via TechCrunch)

Wanderfly Raises $1 Million For Social Travel Recommendation Engine (via TechCrunch)

Seesmic To Target Enterprise Users With $4 Million Investment From Salesforce (via Mashable)

Stock Photo Company Fotolia Pumps $750,000 Into Stock Music Site AudioMicro (via TechCrunch)

GreenTech

Tale of Two Cities: Citigroup Commits $40 Million To Financing SolarCity Projects (via TechCrunch)

Online Video

Online video skeptic Mark Cuban invests in Web video company Revision3 (via VentureBeat)

Mobile/Advertising

Offermobi Raises $1M For Performance-based Mobile Advertising Platform (via TechCrunch)

Online Marketing

Peter Jackson Raises $2 Million To Go After Cause Marketers At The Experience Project (via TechCrunch)

Advertising

Chango Raises $4.25M To Bring Search Targeting To Display Ads (via TechCrunch)

Social Media

Quepasa, The Facebook For Latinos, Buys Social Game Developer XtFT For $4 Million (via TechCrunch)

Cloud Computing

Aria raises $20M to handle online billing for large companies (via DealsBeat)


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