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Venture Funding Doubled To $12.8 Billion In First Quarter

Venture capital is flowing once again to startups at a steady pace. During the first quarter of 2010, the total value of venture funding doubled to $12.8 billion from $6 billion a year before, when it was scraping the bottom of the barrel. However, the funding amount is down 16 percent from the [...]

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Tue, April 6 2010 » Uncategorized » No Comments

Sonos To Take Investment From Index Ventures, Add Mike Volpi To Board Of Directors

Sonos, the Santa Barbara, California based startup that develops of wireless multi-room music systems, is taking a new round of financing from London-based Index Ventures, we’ve heard from multiple sources. Partner Mike Volpi, a forcer Cisco exec who found himself in the middle of a huge drama last year around eBay’s Skype spinoff, will join [...]

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Wed, March 10 2010 » Uncategorized » No Comments

Factual Raises $1 Million Seed Round From Andreessen Horowitz, Idealab, And Angels

If you co-founded the company that became Google AdSense, as Gil Elbaz did with Applied Semantics, you don’t have any problem finding investors when you want to start a new venture. Elbaz sold Applied Semantics to Google for $100 million in 2003, and launched his latest startup, Factual, last October. He doesn’t really [...]

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Wed, February 3 2010 » Uncategorized » No Comments