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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 [...]
Tue, April 6 2010 » Uncategorized » No Comments
One of the more surprising things that came out of our all-star panel of consumer software VCs was an admission that Marc Andreessen is starting to invest in a new wave of enterprise software companies. He said he’d just closed one deal he couldn’t disclose, and was expecting to do more.
I [...]
Tue, April 6 2010 » Uncategorized » No Comments
Autoquake, an online used car retailer in the UK, has raised another £6 million round of venture capital and venture debt financing from existing investors Accel Partners and Highland Capital Partners. The debt is being provided by Kreos Capital. This is after raising £4m from Accel and Highland only last year. That takes its total [...]
Tue, March 9 2010 » Uncategorized » No Comments
SeaWell Networks, a fledgling Canadian provider of Internet video delivery products designed for use by content producers and their delivery partners, has secured $7 million in first-round funding led by BDC Venture Capital and joined by Northwater Intellectual Property Fund and Ontario Centres of Excellence.
The round includes the conversion of prior seed funding.
Founded in 2008, [...]
Mon, March 8 2010 » Uncategorized » No Comments
Hamburg, Germany based Qype, a Yelp-like site that’s focused on European markets, has recently had long acquisition looks from both Google and Nokia, we’ve heard from multiple sources. A deal with Nokia in particular was looking extremely likely until recently.
The site was first launched in 2005 and today attracts 9 million monthly worldwide visitors, according [...]
Sat, February 27 2010 » Uncategorized » No Comments
Dutch startup Sellaband, which enabled music fans to invest in their favorite bands, last week on Friday requested provisional suspension of payments in their home country. It was promptly granted by an Amsterdam Court, and was this morning changed into full bankruptcy. The news of the bankruptcy led to a flurry of reports about Sellaband [...]
Tue, February 23 2010 » Uncategorized » No Comments
One Block Off the Grid, a company that helps residents get competitive group pricing for solar panel installation, has raised a $5 million series A round of venture capital from New Enterprise Associates. The company has gotten pretty far without formal venture cash—facilitating more than 600 installations in 2009, most of that in the fourth [...]
Thu, February 11 2010 » Uncategorized » No Comments
Glam Media, a vertical advertising network, has raised its fifth round of venture capital – $50 million from aeris CAPITAL, a Switzerland and Silicon Valley based private equity fund. The company is not disclosing the valuation of the round, but it is rumored to be around $750 million.
Glam’s last major funding was a $85 million [...]
Tue, February 2 2010 » Uncategorized » No Comments
I sat down with Brightcove CEO Jeremy Allaire at the World Economic Forum in Davos, Switzerland last week to talk about his business.
Brightcove isn’t the sexiest startup out there. They’re a video platform – giving websites the tools they need to host and stream video, for a fee ranging from $100/month to “six figures [...]
Mon, February 1 2010 » Uncategorized » No Comments
