» Adotas

venture-capital

Funding Round-Up: Evernote, Angie’s List, UTest

Written on: December 3rd 2008
Author: Kathleen

ADOTAS – Online and app-based personal information storage service Evernote has reportedly raised $5 million in a Series B round of funding, courtesy of Troika Partners. Evernote received $6 million in its first round. Online review site Angie’s List has received $7 million in debt financing. The Prism Mezzanine Fund invested [...] more...

Huffington Post Reels in $25M

Written on: December 1st 2008
Author: Kathleen

ADOTAS – The Huffington Post has closed a $25 million Series C round of funding. Oak Investment Partners led the round. Oak Investment’s Fred Harman will join the company’s board. Oak Investments appears to be bullish on The Huffington Post’s revenue model, despite the sluggish economy. “Much of the news media business [...] more...

PlaySpan Reels in $16.8 M

Written on: November 25th 2008
Author: Kathleen

ADOTAS – Virtual goods and gaming shop PlaySpan has announced a $16.8 million Series B round of financing from investors including Eastern Capital Group, Menlo Ventures, Novel TMT Ventures and STIC. PlaySpan said it will use the funding to become the “eBay of virtual goods.” Virtual goods enhance online games and [...] more...

Goodmail Reels in $20M

Written on: November 21st 2008
Author: Kathleen

ADOTAS – Cha-ching! Goodmail Systems, the creator of CertifiedEmail, has raised a $20 million round of financing led by Bessemer Venture Partners. DCM, Emergence C Capital Partners and Softbank Capital also participated in the round. The funding comes on the heels of a major milestone for the CertifiedEmail standard, which [...] more...

Apptera Rakes in $10.5M, Appoints Former Yahoo Exec to Board

Written on: November 19th 2008
Author: Kathleen

ADOTAS – Mobile ad gurus Apptera have closed a $10.5 million round of financing. Lightspeed Venture Partners, Alloy Ventures and Walden International led the round. Apptera also announced that David Karnstedt, previously a senior executive at Yahoo, joined its board of directors. The new investment will be used to fuel growth [...] more...

Funding News: Oprah, Blip.TV

Written on: November 17th 2008
Author: Kathleen

ADOTAS – The seemingly unsinkable, recession-proof Oprah has raked in some serious Benjamins from Discovery. OWN: The Oprah Winfrey Network, set to launch late next year, has received a $100 million commitment from Discovery, PaidContent reports. And if additional funding is necessary, Discovery may provide it through a loan. Meanwhile, PEHub [...] more...

Funding Round-Up: Digitalsmiths, MoJiva

Written on: November 14th 2008
Author: Kathleen

ADOTAS – Digitalsmiths has just closed a Series B round of financing worth $12 million. This round was led by .406 Ventures and existing investors The Aurora Funds and Chrysalis Ventures also participated. Digitalsmiths plans to use the new funds to increase its presence in the white-label video technology space. MoJiva [...] more...

HomeAway Lands Record $250M in Funding

Written on: November 11th 2008
Author: Kathleen

ADOTAS – Zoiks! So VC-funding hasn’t completely dried up afterall. HomeAway, a gargantuan online vacation rental marketplace has reportedly raised a jaw-dropping $250 million in venture capital – the biggest round a tech company has raised since 2000. HomeAway currently has $405 million in funding (it’s only four years old). While [...] more...

Funding Round-Up: iSkoot, GetBack

Written on: November 7th 2008
Author: Kathleen

ADOTAS – iSkoot has raised $19 million in venture capital to build a new mobile platform for AT&T. Vision Opportunity Master Fun led the round, with Charles River Ventures, Khosla Ventures, Jesselon Capital Corporation and ZG Ventures participating. iSkoot is like Skype, except for mobile phones. The platform is set [...] more...

Funding Round-Up: Mogreet, Machinima.com

Written on: November 6th 2008
Author: Kathleen

ADOTAS – Mogreet, a service that sends video greetings via SMS and MMS, has raked in $5 million in a Series B round of funding. Existing investor Draper Fisher Jurvetson Frontier participated, as did Ascend Ventures, Black Diamond Ventures and Spyglass Ventures. Video game entertainment network Machinima.com has received $3.85 million [...] more...