The rumors were lately that Meebo failed to sell and that’s why it went into this new round of funding instead and not at the initial $250M pre-money valuation they were hoping for but at $175 - $200M (as it seems $200M). Some sources claim that companies like Fox/MySpace and AOL have taken a long look […]
Meebo raised $25M on reportedly $200M pre-money
The $250M pre-money seems did not work for Meebo and they go now for $175M
The rumor has it that Meebo fails to sell to date and is may be trying to raise new round of funding instead and not at the initial $250M pre-money valuation they were hoping for but at $175 - $200M. Some sources claim that companies like Fox/MySpace and AOL have taken a long look at […]
Glam seems to be cutting off revenues for publishers
Something really interesting is going on with Glam Media. To make a long story short Glam is basically a controversial site 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 and has just recently raised a massive amount […]
Meebo tries to raise $25M in return of only 10% equity valuing the company at the whopping $250M
Meebo is a popular and rapidly growing web based instant messaging start up that was backed up by Sequoia Capital and is said to have roughly 4.6M unique visitors per month according to comScore’s publicly available stats. That’s valuing each of their visitors at the $54 mark, which is significantly more than what AOL has just […]
Some of the Silicon Valley’s top non-Web innovations VCs spent money on
Forbes has assembled a very interesting list of some of the Silicon Valley’s most interesting and coolest innovations beyond the web start-ups. What is being said as a fact is that venture capitalists have poured over $30B into more than 2500 new ventures in 2007 alone. Some of them have to be non-traditional the media […]
Glam Media raises a massive round of funding - $85M
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 […]
Revver, the video-revenue sharing site finally sells out, but the price is not hefty
The 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. […]
Technorati’s total funding revealed - $21.6 to date in 3 rounds
Technorati, the blog search engine, has always been quite secretive about the funding it got over the years leaving people like us, always interested in the money behind the Web 2.0, speculate about the right numbers.
Things changed the last month when we have read over multiple trusted sources on Web that the company has raised […]
Google files patent for recognizing text in images
Google has filed a patent application in July 2007, which has just recently become public claiming methods where robots can read and understand text in images and video. The basic idea here is Google to be able to index videos and images and made them available and searchable by text or keywords located inside the […]
Two major acquisition deals within the online storage space
IBM today announced it has acquired XIV, a privately-held storage technology company based in Tel Aviv, Israel. XIV, its technologies and employees, will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms of the acquisition were not disclosed but sources tell the price was $350M.
XIV’s main product Nextra […]
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- New Way to Acquire National Advertisers - MediaBids’ Per-Inquiry Print Advertising Program
- New Features for the 3CX Phone System for Windows
- Soaring gas prices help services like Car-Pooling and Ride-Sharing flourish
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- LinkedIn is out pitching for a major round at the staggering $1B pre-money
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- Angel investors have invested as much as $26 billion in start ups last year, almost as much as VCs did
- Federated Media raises huge round of funding - $50M
- Nice exit for Sphere.com
- Pageflakes is acquired by Brad Greenspan’s Live Universe
- The $250M pre-money seems did not work for Meebo and they go now for $175M
- MeeVee put itself up for sale
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- Looks like SpinVox is about to get a real run for the money, Nuance enters their niche
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- Li Ka-shing invests $40M more in Facebook; total funding is now $378M from $338M before
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