New Funding
Investors put $8 billion into 776 deals for U.S.-based venture companies
By VisionwizTeam at July 22, 2011 | 11:47 pm | 0 Comment
Investors put $8 billion into 776 deals for U.S.-based venture companies during the second quarter of 2011, a 5% decrease in investment and 2% decrease in deals from the same period last year, according to Dow Jones VentureSource. The median amount raised for a round of financing during the second quarter was $5.2 million, up from the $4.6 million median a year more...
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Why VCs should look at mydala.com’s growth closely?
By ajay at July 21, 2011 | 4:46 pm | 0 Comment
mydala.com, India’s first and largest group buying/social commerce portal offering city-specific deep-discount deals, today announced that it has crossed the 3 million subscriber mark. It becomes now number 1 group buying site in india. The mydala network is now generating traffic of more than 250, 000 visitors every day. The group has a funding of Rs. 9 crores from more...
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A Q&A With Venture Capital Darling Nimble Storage
By Rile at July 13, 2011 | 10:26 am | 0 Comment
A Q&A With Venture Capital Darling Nimble Storage VC darling (www.nimblestorage.com) has earned the title “the most successful storage start-up in 10 years” (despite the economy) winning awards and recognition from the WSJ (#17 of top VC-backed companies-- story follows), CRN, Infoworld, Network World and more. On July 14, they will be announcing they have more...
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Another Clean ( fuel cell) Technology Company got funding from GP Bullhound
By VisionwizTeam at July 5, 2011 | 4:52 pm | 0 Comment
GP Bullhound, the technology investment bank, has announced the expansion funding round for Stockholm-based myFC AB, the fuel cell technology company that develops solutions for powering portable electronics. Among the investors in this round are KTH Chalmers Capital and the Sixth Swedish National Pension Fund. Having secured numerous patents around proprietary more...
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Zynga filed for an IPO to raise up to $1 billion
By Guest Post at July 2, 2011 | 10:40 am | 0 Comment
Social-gaming juggernaut Zynga filed with the Securities & Exchange Commission for an IPO to raise up to $1 billion. The company behind hit games such as "FarmVille," "CityVille" and "Mafia Wars" earned a profit of $90.6 million on revenue of $597.5 million in 2010, according to its S-1 filing. For the first quarter of 2011, it reported net income of $11.8 million on more...
HomeAway’s IPO- Is This Smart Move?
By ajay at June 30, 2011 | 10:29 am | 0 Comment
HomeAway Goes Public and shares of HomeAway surged 50% in the first hours of trading to over $40 per share representing a market cap of more than $3 billion. HomeAway: HomeAway is the leading vacation rental marketplace in the world with over 560,000 paid vacation rental home listings and it has by far the largest market share in its industry. Institutional more...
New Research by the University of Virginia Shows VCs Fleeing–But Why?
By Rile at June 28, 2011 | 10:10 am | 0 Comment
New Research by the University of Virginia Shows VCs Fleeing--But Why? A recent study done by Darden professor Susan Chaplinsky and Swasti Gupta-Mukherjee, an assistant professor at Loyola University, provided the first detailed account of VC returns from 1985 to 2008, supporting and expanding the current understanding of the industry’s worrisome trajectory. They more...
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NextDigest got $390k to deliver curated Information to High-Growth Technology Industries
By ajay at June 25, 2011 | 11:05 am | 0 Comment
NextDigest recently raised $390k in new funding to expand its network of weekly e-mail newsletters focusing on events in the Web and Internet startup sector. This round of funding is led by 500Startups, Charles Hudson, Tim Trampedach, Marco Magnocavallo, Joshua Baer, and Ron Gutman. Additionally NextDigest secured a sponsorship from The Kauffman Foundation more...
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RealDirect ( web-based real estate tool) Raising $2 Million in Funding
By ajay at June 24, 2011 | 10:06 am | 0 Comment
RealDirect, a web based real estate technology & brokerage startup, got $2 million in Series Around of funding which is led by GSA Venture Partners, with additional investments from Bendigo Partners, High Peaks Venture Partners and others. This round will be used to build out the growing team and technology behind RealDirect’s proprietary web-based platform. more...
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Shazam got $32 million in new funding
By ajay at June 23, 2011 | 9:00 am | 0 Comment
Shazam, a mobile discovery company, has raised $32 million in new funding led by Kleiner Perkins Caufield & Byers (KPCB) and Institutional Venture Partners (IVP), with existing investor DN Capital participating. This funding would be used to develop Shazam’s real-time discovery and sharing App which creates an engaging, interactive mobile commerce platform for more...
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3D Virtual Workspace:ProtonMedia got $4.5 Million of funding
By ajay at June 21, 2011 | 11:05 am | 0 Comment
ProtonMedia, technology company and creator of Protosphere, a 3D virtual collaboration environment for the enterprise,got $4.5 million Series B venture financing led by Kaplan Ventures. As part of the financing, Kaplan EduNeering will become a strategic reseller of ProtonMedia products to its customers and vertical markets. ProtonMedia and Kaplan EduNeering have had a more...
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Video calling technology: Aylus Networks got $10million of funding
By ajay at June 17, 2011 | 11:42 am | 0 Comment
m8 Capital, the mobile-focused venture fund, invested $10million series D round of funding in Aylus Networks.Aylus networks is a video calling service for mobile networks.The investment announced today will help fund further development of the product, and extend sales operations globally. m8 Capital is joined in this funding round by Aylus Networks’ existing more...
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Study:67% of VC’s say business confidence rising; 70% of angels say demand to increase
By ajay at June 15, 2011 | 11:50 am | 0 Comment
In the survey( Pepperdine Private Capital Markets Project) conducted by Pepperdine University Graziadio School shows: For VC Investors: Of the 104 participants who responded to the Venture Capital survey more than 67% say that they expect general business confidence to increase over the next 12 months. This is good news for startup firms and small businesses more...
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Cotendo Announces $17 Million of Funding
By VisionwizTeam at June 15, 2011 | 11:13 am | 0 Comment
Cotendo, a cloud-based acceleration technologies, got $17 million private funding round that will fuel the company’s long-term growth strategy and continued technology innovation in the delivery of highly-personalized dynamic content for mobile and web applications. Strategic investors and new business partners Citrix Systems and Juniper Networks, through its more...
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Why Flirtic.com(dating site based on social networking) got funding from Almaz Capital Partners?
By ajay at June 10, 2011 | 12:14 am | 0 Comment
Flirtic.com, a dating site based on social networking concept, got a new round of venture funding which is led by Almaz Capital Partners. This site is planning to expand its base into English and Russian-speaking markets. The company has also appointed April Henry, Senior Vice President of Myspace, as an Independent Board Member. According to April Henry more...
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Could eWise change the dynamics of online payments market through its new $14 m of funding?
By ajay at June 7, 2011 | 10:38 am | 0 Comment
eWise is a global payments and online financial management company, got $14 million of funding which is led by venture capital firm Wellington Partners. Balderton Capital, TTV Capital and Patagorang also joined in this round of funding. The new funding round will help eWise to continue its global expansion, bringing online banking electronic payments (OBeP) to new more...
Another Clean tech startup (PvXchange) got big round of VC funding
By ajay at June 7, 2011 | 8:56 am | 0 Comment
PvXchange, is a solar broker company with the international online business-to-business exchange for photovoltaic components,has got new round of VC funding.This round of funding is led by WHEB Partners. PvXchange mediates the exchange and brokers the sale and purchase of components between buyers and sellers. In 2010, 184 megawatts of solar modules were traded on more...
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Why Pixonic got $ 5m of VC funding? Could it be next big thing in social game publishing?
By ajay at June 1, 2011 | 4:10 pm | 0 Comment
Pixonic is a social game publisher, has got $5m of VC funding. This 2nd round of funding is led by Ventech, Kite Ventures, and TA Ventures. Pixonic has also raised $1mn last year. Pixonic will use this new fundings to publish new games in social networks through the company’s own PixAPI platform. VC Funding Logic: Pixonic’s global ambitions appeal to us, more...
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2 ex-Googlers raise $700K for Minno micropayments
By ajay at May 31, 2011 | 11:35 am | 0 Comment
Minno is a micro payment platform for buying stuff online, got $700,000 in new (convertible debt)seed funding from GRP ventures &Farhad Mohit (founder of Shopzilla). Minno has also announced that they are going to change their name.Now Minno would be called as BuySimple. The logic behind the changing their name is quite obivous from its new domain name more...
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Another big investment from Google in wind energy sector
By VisionwizTeam at May 24, 2011 | 11:25 pm | 0 Comment
Google will provide $55 million to finance the 102 MW Alta IV project.So far Google has invested more than $400 million in the clean energy sector. About Project: Alta wind energy project would generate 1,550 megawatts (MW) of energy when it gets completed.It would be one of the largest sites in the US for wind energy generation.It can generate enough power to more...
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