Stock photography and video footage leader sold out for $2.4B

Published in February 29th, 2008

Posted by Web 2.0 Innovations in Acquisitions, Barclays Capital, Business, GE Commercial Finance, Internet, Media, Money, Multimedia, Public Companies, RBS Greenwich Capital, Software, Technology, Venture Capital

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Getty Images Inc. the world’s leading creator and distributor of visual content and other digital media announced today that it has entered into a definitive merger agreement to be acquired by affiliates of the private equity firm Hellman & Friedman LLC in a transaction valued at approximately $2.4 billion, including the assumption of existing debt.
Under […]

ETech, the O’Reilly Emerging Technology Conference is coming

Published in February 28th, 2008

Posted by Web 2.0 Innovations in Business, Games, Internet, Media, Search Engines, Semantic Apps, Semantic Web, Social Networking, Society, Software, Technology, Telecom, Web 2.0

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One of the most important technology conferences for the year will be held in March 3-6 in San Diego, California. ETech the O’Reilly Emerging Technology Conference, now in its seventh year, will take a wide-eyed look at the brand new tech that’s tweaking how we are seen as individuals, how we choose to channel and […]

Yelp: $200M valuation, $31M total funding, 8M uniuqes, SEO – all for local reviews

Published in February 27th, 2008

Posted by Web 2.0 Innovations in Benchmark Capital, Bessemer Venture Partners, Business, DAG Ventures, Funding, Internet, Investments, Money, Social Networking, Travel, Venture Capital, Web 2.0

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The 4 years old Yelp, which is a local review site, has already reached a hefty popularity on Web. Today we have read online the site claims to have more than 8M unique visitors per month, which can already be called a hugely popular site and all that achieved within 4 years only. Pretty impressive […]

The entire internet advertising market was estimated at $21B in 2007

Published in February 26th, 2008

Posted by Web 2.0 Innovations in Advertising, Business, Internet, Marketing, Media

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The Interactive Advertising Bureau (IAB) has today released its estimation about the total online advertising market for the entire 2007, which was said has been over $21B with nearly $6B in Q4 2007.
Both IAB and PwC say that this is yet another record year measured year-over-year – a 25% increase over the previous revenue record […]

Glam Media raises a massive round of funding - $85M

Published in February 25th, 2008

Posted by Web 2.0 Innovations in Accel Partners, Advertising, Business, Draper Fisher Jurvetson, Duff Ackerman & Goodrich Ventures, Entertainment, Funding, GLG Partners, Hercules Technology Growth Capital, Hubert Burda Media, Information Capital, Internet, Investments, Marketing, Media, Money, Venture Capital, Walden Ventures

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A controversial site Glam that runs both a network of its own web sites as well as runs ads on a network of third party sites geared towards women online has raised a massive amount of funding - $85M.
Glam Publishing Network operates more than 450 popular and influential lifestyle websites, blogs and magazines, but it […]

Most recent Facebook and MySpace visitor numbers

Published in February 24th, 2008

Posted by Web 2.0 Innovations in Facebook, Internet, Media, Social Networking, Technology, Web 2.0, myspace

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Despite Facebook’s US traffic has fallen down over the past few months the social networking site seems to be rapidly reaching its major rival MySpace. The most recent data revealed by comScore shows that Facebook had 33.9M unique visitors for January 2008, which represents 2% down from its traffic for December 2007.
Earlier this week, the […]

Ancestry.com has been bought out by a private equity firm, preparing for an IPO

Published in February 23rd, 2008

Posted by Web 2.0 Innovations in Acquisitions, Business, Internet, Investments, Money, Social Networking, Society, Software, Spectrum Equity Investors, Venture Capital

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One of the few dot com success stories Ancestry.com and their parent company The Generations Network has entered into a private buyout, a couple of months ago, with the private equity firm Spectrum Equity Investors for a reportedly $300M acquisition deal. Private equity buyouts have been a serious, if not the only, alternative of IPOs […]

Page creator Jimdo landed the Samwer Brothers as investors

Published in February 22nd, 2008

Posted by Web 2.0 Innovations in Arts, European Founders Fund, Funding, Internet, Investments, Money, Software, Technology, Venture Capital, Web 2.0

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It has been so much noise around Facebook lately and whose their next investor is going to be so that great small start-ups have naturally been overlooked. One of those is a tiny German based start-up called Jimdo. What is in common between Jimdo and Facebook, you may ask? There is nothing in common aside […]

Mint.com - the financial-planning startup with an army of high-profile investors

Published in February 21st, 2008

Posted by Web 2.0 Innovations in Business, First Round Capital, Funding, Internet, Investments, Money, Ram Shriram, Ron Conway, Shasta Ventures, Software, Technology, Venture Capital, Web 2.0, angel investors

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First off, Mint.com is a neat, well organized and professional web site to put your finances under control. Explained in layman terms Mint helps you find better interest rates on bank accounts, credit cards, and other financial products. But here is the interesting part. The site officially launched in September 18, 2007, after nearly two […]

Peanut Labs closes its Series A round of funding

Published in February 20th, 2008

Posted by Web 2.0 Innovations in Advertising, BV Capital, Business, Funding, Internet, Investments, LeapFrog Ventures, Marketing, Money, Social Networking, Technology, Venture Capital, Web 2.0

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Yesterday we were tipped off that both LeapFrog Ventures and BV Capital have invested in San Francisco start-up called Peanut Labs. The funding is in the $3.2M range and is the company’s Series A round.
Peanut Labs helps social networks monetize, not through the traditional ad-based models, but via market researches and online surveys. The company […]

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