Published in February 29th, 2008
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Venture CapitalGetty 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 […]
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Published in February 28th, 2008
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Web 2.0One 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 […]
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Published in February 27th, 2008
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Web 2.0The 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 […]
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Published in February 26th, 2008
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 […]
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Published in February 25th, 2008
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Walden VenturesA 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 […]
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Published in February 24th, 2008
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 […]
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Published in February 23rd, 2008
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 […]
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Published in February 22nd, 2008
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 […]
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Published in February 21st, 2008
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angel investorsFirst 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 […]
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Published in February 20th, 2008
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Web 2.0Yesterday 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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Published in February 19th, 2008
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YahooWe have read tons of stories and points of views about the potential deal between Microsoft and Yahoo over the past weeks. We guess all people did. Everything seems already being said about the deal. Yet, something interesting popped up in the news today. It turns out that Microsoft is the big loser from the […]
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Published in February 18th, 2008
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videoA couple of months ago a tiny start up called Treemo has taken its first round of funding in the $2.5M range. The funding was led by JK&B Capital. The company is a media sharing service for the Web and mobile phones service and like many other players in the space Treemo looks to appeal […]
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Published in February 17th, 2008
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Web 2.0A couple of months ago the tiny start up company fix8 has raised $3 million in a series A round of funding from Vickers Venture Group, which is a Singapore-based private equity firm. Fix8 is a web cam avatar community that lets you create animated avatars with your web cam by reading your expressions and […]
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Published in February 16th, 2008
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Web 2.0Chinese web 2.0 market is hot up to the point where large-scale financial institution like Lehman Brothers has jumped on a travel start-up. Qunar.com is an online travel search engine that we’ve just found out it has raised $10M in its 2nd round a couple of months ago. The investment in the company was led […]
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Published in February 15th, 2008
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videoThe site best known as the first video site that started to split the ad revenue with publishers and video creators and producers on a 50/50 basis is being reported sold. The troubled video site Revver was bought by Brad Greenspan’s LiveUniverse for what is rumored on several tech blogs to be under $5 million. […]
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Published in February 14th, 2008
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angel investorsOne of the Internet’s oldest companies InfoSpace is probably not performing well since they are largely selling out their businesses. With its switchboard and local directory business having already been sold to Idearc for reportedly $225M, what’s left of InfoSpace was the mobile services division, which serves up managed services infrastructure for mobile carriers. This […]
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Published in February 13th, 2008
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videoUndeterred by the threat of a hostile takeover Microsoft imposed over them a couple of weeks ago Yahoo seems to have completed an acquisition of its own Tuesday by buying online video service Maven Networks Inc. for $160 million.
The deal marks Yahoo’s latest attempt to expand its online advertising network and more concrete its online […]
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Published in February 12th, 2008
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YahooThe saga continues. Following the firm “NO” of Yahoo as of yesterday, Microsoft has put up today an official press release responding to the Yahoo!’s NO with “Reiterates Full and Fair Proposal for Microsoft-Yahoo! Combination”
REDMOND, Wash., Feb. 11 — Microsoft Corp. (Nasdaq: MSFT) today issued the following statement in response to the announcement by Yahoo! […]
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Published in February 11th, 2008
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YahooAfter we reported the strong NO of Yahoo! to Microsoft over the weekend (Saturday) here is the official response of the Yahoo!’s board of directors.
Yahoo! Board of Directors Says Microsoft’s Proposal Substantially Undervalues Yahoo!
SUNNYVALE, Calif., Feb 11, 2008 — Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said the Yahoo! Board of Directors has […]
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Published in February 10th, 2008
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videoYesterday we have covered BlackArrow, which offers an advertising management platform for video, allowing web sites to monitor their inventory while enabling advertisers to insert ads on-the-fly. They have taken $12M and are somehow relying on the cable companies to do its business. The company wants to insert targeted ads into on-demand viewing by placing […]
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