Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ded4a008-62e8-4f03-a9e3-a5944dd5e522&Preview=1 Date 11/12/2010 Company Name Socializr Mailing Address 660 4th Street San Francisco, CA 94107 Company Description Socializr is a free web service for sharing event and party information with your friends. Website http://www.socializr.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were … Continue reading “Punchbowl Software Acquires Socializr for Undisclosed Sum”
Category: San Francisco
Personalized Medicine World Congress 2011
The 3rd Personalized Medicine World Conference (PMWC) will be held January 18-19, 2011 in Mountain View. PMWC is the only fully integrated conference on personalized medicine which brings together all aspects of business, government, healthcare delivery and technology —- all in one information-rich conference. Speakers include George Church of Harvard University, Lee Hood from Institute … Continue reading “Personalized Medicine World Congress 2011”
JP Morgan Healthcare Conference 2011
The 29th annual JP Morgan Healthcare Conference, one of the biggest biotech events of the year, is being held from January 10-13 at its usual place, the Westin St. Francis Hotel at 335 Powell Street. For more information, click here.
Forget About a Second Genomics Bubble: Complete Genomics Tumbles on IPO First Day
Super-fast, super-cheap DNA sequencing technologies have made big news in biotech the last couple years. But the early returns have made it clear that investors haven’t gone ga-ga for genomics like they did a decade ago. The latest data point arrived today in the form of Complete Genomics (NASDAQ: [[ticker:GNOM]]). This Mountain View, CA-based company, … Continue reading “Forget About a Second Genomics Bubble: Complete Genomics Tumbles on IPO First Day”
At AngelPad Demo Night, Ex-Googlers Share Plans to Overhaul the Web
It seems you can’t walk a block in SoMa these days without passing the door of a new venture incubator. The latest addition to the startup-school scene is AngelPad, which announced its existence in August and has already graduated its first class of founders. Eight AngelPad companies pitched their audacious ideas to a standing-room-only crowd … Continue reading “At AngelPad Demo Night, Ex-Googlers Share Plans to Overhaul the Web”
“No, I Will Not Fund Your Company”
If you are an entrepreneur and you haven’t heard the phrase above, then you probably got one of the following: “why don’t you come back when you have more traction;” “this just isn’t for us;” or (my least favorite), “this looks like a solid double…we only take home runs.” I do some work for LaunchCapital, … Continue reading ““No, I Will Not Fund Your Company””
Mixed Media Labs Obtains $5,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=859f979c-623e-4510-8dc1-7c9770d5a568&Preview=1 Date 11/11/2010 Company Name Mixed Media Labs Mailing Address 300 Beale St. San Francisco, CA 94105 Company Description The company has created a photo sharing service called Picplz. Website http://www.mixedmedialabs.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A Proceeds Purposes The funding will be used to expand the … Continue reading “Mixed Media Labs Obtains $5,000,000 Series A Round”
Airbnb Receives $7,200,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd0fec17-c98b-40f2-94ed-e241ac4381d9&Preview=1 Date 11/11/2010 Company Name Airbnb Mailing Address 142 10th St. San Francisco, CA 94103 Company Description The company operates a website where users can purchase rooms to share with each other on trips. Website http://www.airbnb.com Transaction Type Venture Equity Transaction Amount $7,200,000 Transaction Round Series A Proceeds Purposes Airbnb will use … Continue reading “Airbnb Receives $7,200,000 Series A Funding”
RealGravity Receives $3,200,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f27cdab-50e7-4f39-80a1-ebcef17108a0&Preview=1 Date 11/11/2010 Company Name RealGravity Mailing Address Undisclosed San Francisco, CA 94105 Company Description RealGravity automatically syndicates your video content to the websites where users are most likely to watch it, and where advertisers are comfortable spending marketing dollars. Website http://www.realgravity.com Transaction Type Venture Equity Transaction Amount $3,200,000 Transaction Round Series … Continue reading “RealGravity Receives $3,200,000 Series A Financing”
Superfish Obtains $4,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f2066cc-b078-4b2b-8ed5-f005b9619c71&Preview=1 Date 11/11/2010 Company Name Superfish Mailing Address 741 Barron Avenue Palo Alto, CA 94306 Company Description Superfish Inc is a visual search engine startup with office in Israel and silicon valley. Website http://www.superfish.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Series C Proceeds Purposes The company will use to … Continue reading “Superfish Obtains $4,000,000 Series C Financing Round”
Rhythm New Media Receives $10,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b3313e7-a825-41c8-b2d6-a7b996dad979&Preview=1 Date 11/11/2010 Company Name Rhythm New Media Mailing Address 800 West El Camino Real Mountain View, CA 94040-2573 Company Description Rhythm is a company enabling ad-supported mobile media, end-to-end. Rhythm’s solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. Rhythm’s technology enables advertising that has … Continue reading “Rhythm New Media Receives $10,000,000 Series C Round”
Complete Genomics Gets Ho-Hum Reception, Cuts IPO Price More than 30%, to $9
Complete Genomics has an audacious goal to make DNA sequencing super-fast and super-cheap, but this bold vision hasn’t ginned up the enthusiasm on Wall Street that the company was hoping for. The Mountain View, CA-based company said in a regulatory filing on Monday that it was planning to sell 6 million shares in its initial … Continue reading “Complete Genomics Gets Ho-Hum Reception, Cuts IPO Price More than 30%, to $9”
Twilio Raises $12M Series B
San Francisco-based Twilio, a two-year-old startup offering developers easier ways to create interactive voice software for call centers and click-to-call Web apps, said this week that it has raised $12 million in Series B venture funding. Bessemer Venture Partners, a new backer, led the round, which also included Union Square Ventures, 500 Startups, and individual … Continue reading “Twilio Raises $12M Series B”
Social Gaming Network Wins $2.5M
Palo Alto, CA-based Social Gaming Network has collected $2.5 million out of a potential $3 million in venture funding from unnamed backers, according to a regulatory filing. The company makes mobile games for the iPhone, iPad, iPod touch, and Android devices that feature real-time competition between players; its titles include “Skies of Glory” and “Vampires … Continue reading “Social Gaming Network Wins $2.5M”
$3.2M Falls on RealGravity
RealGravity, a San Francisc0- and Los Angeles-based startup that helps video producers distribute their content to a network of Web publishers, came out of stealth mode today and announced that it has collected $3.2 million in venture funding. The Series A round was led by Kohlberg Ventures, and was joined by Transmedia Capital, individual investor … Continue reading “$3.2M Falls on RealGravity”
Flowtown Turns E-Mail Lists into Customer Networks; Acquires Who Should I Follow? to Boost Twitter Marketing
It’s obvious, these days, that anyone who wants to sell things or build an audience on the Web should be tapping into social media channels like Facebook and Twitter, where interesting messages can spread virally and drive lots of free traffic back to a blog, site, or landing page. But knowing this and being able … Continue reading “Flowtown Turns E-Mail Lists into Customer Networks; Acquires Who Should I Follow? to Boost Twitter Marketing”
Dana-Farber and Bay-Area Startup File Responses in Lawsuit Over Rights to Cancer Molecule
There’s a new round of interesting court filings in Boston-based Dana-Farber Cancer Institute’s lawsuit against a Bay Area biotech startup co-founded by Dana-Farber scientists. It’s the latest chapter in a case primarily concerning who has rights to a potential game-changing drug for lung cancer discovered at Dana-Farber. Dana-Farber filed a lawsuit against Millbrae, CA-based Gatekeeper … Continue reading “Dana-Farber and Bay-Area Startup File Responses in Lawsuit Over Rights to Cancer Molecule”
TechShop Receives $1,654,716 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e672e8f3-5bcf-4643-bc68-0dd8792ac524&Preview=1 Date 11/10/2010 Company Name TechShop Mailing Address 120 Independence Dr. Menlo Park, CA 94025 Company Description TechShop is a 15,000 square-foot membership-based workshop that provides members with access to tools and equipment, instruction, and a community of creative and supportive people so they can build the things they have always wanted … Continue reading “TechShop Receives $1,654,716 New Financing Round”
Talend Garners $34,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a6c3dc2-5a6c-4922-afaf-c10d00e9c809&Preview=1 Date 11/10/2010 Company Name Talend Mailing Address 105 Fremont Ave Los Altos, CA 94022 Company Description After three years of intense research and development investment, and with solid financial backing from leading investment firms, Talend revolutionized the world of data integration when it released the first version of Talend Open Studio … Continue reading “Talend Garners $34,000,000 New Round”
Zuora Raises $20M
Zuora, a Redwood-City, CA-based provider of subscription billing software, said today that it has closed a $20 million Series C funding round. Redpoint Ventures was in the lead, and existing investors Benchmark Capital, Shasta Ventures, Tenaya Capital, and Marc Benioff also participated. The company said it will use the funds to expand in Europe, the … Continue reading “Zuora Raises $20M”
Borrowing a Page from Facebook and Ning, BroadVision Bets the Company on the “Social Business Cloud”
Pehong Chen says he got the idea for the future of BroadVision from his kids. It was certainly clear, by 2007 or so, that BroadVision needed a new business. Founded in 1993, the Redwood City, CA-based software vendor built e-commerce applications and corporate portals during the first Internet boom. Chen, the founding CEO, took the … Continue reading “Borrowing a Page from Facebook and Ning, BroadVision Bets the Company on the “Social Business Cloud””
$8.5M for Gluster
Index Ventures is the lead investor in an $8.5 million Series B financing round for Milpitas, CA-based Gluster, the company announced today. Existing investor Nexus Venture Partners also took part in the round. Gluster makes an open-source platform for managing network-attached storage devices like those used in corporate data centers and public and private storage … Continue reading “$8.5M for Gluster”
23andMe Raises $22M
23andMe, the Mountain View, CA-based maker of genetic tests for consumers, said today it has raised more than $22 million in a Series C venture financing. The money came from a new investor, Johnson & Johnson Development Corporation, in addition to existing investors New Enterprise Associates and Google Ventures. The financing comes a couple months … Continue reading “23andMe Raises $22M”
Big Fish Help Out the Smaller Fish in the Life Sciences Pond
In spite of the abundance of PhDs, MDs, JDs, and MBAs in biotech and pharma, we all know that on-the-job learning is really how this industry is built. Nobody goes to university to learn how to be a great CEO or manager, and there aren’t any courses in grad school where budding researchers can learn … Continue reading “Big Fish Help Out the Smaller Fish in the Life Sciences Pond”
Gluster Garners $8,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d29af268-3384-47f5-88c1-3539ba01c635&Preview=1 Date 11/9/2010 Company Name Gluster Mailing Address 691 S. Milpitas Blvd. Milpitas, CA 95035 Company Description Gluster delivers an open storage software platform focused on simplifying the task of storing and managing the explosive growth of unstructured data. Website http://www.Gluster.com Transaction Type Venture Equity Transaction Amount $8,500,000 Transaction Round Series B … Continue reading “Gluster Garners $8,500,000 Series B Funding Round”
Zuora Obtains $20,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a9878e7-32b4-425c-86e6-58aa2297e489&Preview=1 Date 11/9/2010 Company Name Zuora Mailing Address 1400 Bridge Pkwy Redwood City, CA 94065 Company Description Zuora has created an on demand platform designed to simplify the way online subscription services are purchased, billed, and provisioned. Website http://www.zuora.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series C Proceeds Purposes … Continue reading “Zuora Obtains $20,000,000 Series C Financing”
Zetta Receives $11,500,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7076014f-a0c5-4c4f-b376-cd2ace82e051&Preview=1 Date 11/9/2010 Company Name Zetta Mailing Address 1362 Borregas Avenue Sunnyvale, CA 94089 Company Description Zetta delivers storage solutions to enterprises that increase productivity, data availability and data protection while reducing the costs, complexities and risks of traditional storage hardware and software solutions. Website http://www.zetta.net Transaction Type Venture Equity Transaction Amount … Continue reading “Zetta Receives $11,500,000 Series B Financing”
23andMe Lands $22,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69d9857e-1ac8-47f1-97f3-f4df5bbc86c9&Preview=1 Date 11/9/2010 Company Name 23andMe Mailing Address 1390 Shorebird Way Mountain View, CA 94043 Company Description 23andMe is focused on empowering individuals to access, explore, and better understand their genetic information, making use of recent advances in DNA analysis technologies and proprietary web-based software tools. Website http://www.23andme.com Transaction Type Venture Equity … Continue reading “23andMe Lands $22,000,000 Series C Financing Round”
Twilio Receives $12,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=28a6e4bd-433c-4fea-8fa2-f97b2783dfd7&Preview=1 Date 11/9/2010 Company Name Twilio Mailing Address 548 Market St San Francisco, CA 94104 Company Description Twilio provides an in-cloud API for voice communications that leverages existing web development skills, resources and infrastructure. Twilio’s simple programming interface opens the field of voice applications to millions of web developers, and its Pay-As-You-Go … Continue reading “Twilio Receives $12,000,000 Series B Financing Round”
RockMelt Enters Browser Wars with Backing from Marc Andreessen, Focus on Facebook and Twitter
Change in the browser market, compared to newer areas like mobile apps, is truly glacial: the main trend over the past few years has been the gradual migration of Internet Explorer users (the Microsoft browser still has a 60 percent market share) to Mozilla’s Firefox (23 percent) and Google’s Chrome (9 percent). But if anyone … Continue reading “RockMelt Enters Browser Wars with Backing from Marc Andreessen, Focus on Facebook and Twitter”
Genomic Health Seeks to Build Momentum For Healthcare Shift from Rx to Dx
Genomic Health is one of the big success stories of the past decade in the diagnostics business, and an early leader in the movement toward more personalized medicine. The Redwood City, CA-based company generated $150 million in revenue last year, saw sales climb almost 20 percent in the second quarter, and has reached cash flow … Continue reading “Genomic Health Seeks to Build Momentum For Healthcare Shift from Rx to Dx”
Diane Greene’s Advice to Female Entrepreneurs: You Too Could Start a VMware
[Corrected, see below] Female technologists and CEOs are still rare in Silicon Valley, but Diane Greene has been both—and she’s been far more successful at it than most males. Trained at MIT and UC Berkeley, Greene was the co-founder and founding CEO of Palo Alto, CA-based VMware, which introduced a layer of virtualization between hardware … Continue reading “Diane Greene’s Advice to Female Entrepreneurs: You Too Could Start a VMware”
Facebook Goes Deeper into Mobile, ShopWell Goes to Market, Cloudera Aims High, & More Bay Area BizTech News
We ran several terrific stories last week from Deborah Gage, a Bay Area technology journalist who filled in while I was on vacation in Alaska. (Thanks Deborah!) We also published an in-depth a look at Ideo nutrition-advice spinoff ShopWell. —Cloudera, a Palo Alto, CA-based startup offering tools and consulting services around the Hadoop open-source distributing … Continue reading “Facebook Goes Deeper into Mobile, ShopWell Goes to Market, Cloudera Aims High, & More Bay Area BizTech News”
A New Playbook for Green Advertising
What does it mean for a product to be environmentally friendly? How about sustainable? Or even biodegradable? These words may appeal to a rapidly growing body of environmentally conscious customers, not to mention the major corporations and startups who appeal to them by touting their own “greenness”—but unless they convey a clear meaning and can … Continue reading “A New Playbook for Green Advertising”
Gazillion Entertainment Garners $60,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5c69940-b43f-4649-9c6f-7023b6945237&Preview=1 Date 11/8/2010 Company Name Gazillion Entertainment Mailing Address 475 Concar Drive San Mateo, CA 94402 Company Description The company develops and publishes massively multiplayer online games. Website http://www.gazillion.com Transaction Type Venture Equity Transaction Amount $60,000,000 Transaction Round Undisclosed Proceeds Purposes We’re pleased to welcome Temasek as we enter a key phase … Continue reading “Gazillion Entertainment Garners $60,000,000 New Funding Round”
Mig33 Garners $8,900,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44d96c43-029e-4f00-9b69-ca1131745412&Preview=1 Date 11/8/2010 Company Name Mig33 Mailing Address 270 East Lane Burlingame, CA 94010 Company Description mig33 was released in December of 2005 as the first global mobile Internet community and has quickly spread around the world. With millions of customers in more than 200 countries, the service has taken the world … Continue reading “Mig33 Garners $8,900,000 Series C Financing Round”
Amgen, Abbott Win BayBio Awards
Amgen (NASDAQ: [[ticker:AMGN]]) and Abbott Laboratories (NYSE: [[ticker:ABT]]) took home a couple of the top prizes last night at the BayBio Pantheon Awards. Amgen received honors for the best therapeutic with denosumab (Prolia) for osteoporosis, while Abbott won for the outstanding medical device—a product called MitraClip that repairs leaky heart valves without requiring surgery, which … Continue reading “Amgen, Abbott Win BayBio Awards”
Super Angels Not So Super? Angel Investing Deals Up, But Dollars Down for 2010
For all the fuss about “super angels” and “angels are the new VCs,” a report out this week from the University of New Hampshire says angel investors are putting less money into companies overall, especially at the seed and startup stages, compared with previous years. Of course, there are many factors at play here. The … Continue reading “Super Angels Not So Super? Angel Investing Deals Up, But Dollars Down for 2010”
Hyperion Nails Pivotal Trial, ChemoCentryx Aims High Against Crohn’s, Vivus Shot Down by FDA, & More Bay Area Life Sciences News
Who am I kidding about the importance of biotech news this week? The San Francisco Giants and the election owned the news cycle, and rightfully so. I hear from a reliable source that Xconomy founder Bob Buderi, a Bay Area native and lifelong Giants fan, is “very happy.” But in case you missed a few … Continue reading “Hyperion Nails Pivotal Trial, ChemoCentryx Aims High Against Crohn’s, Vivus Shot Down by FDA, & More Bay Area Life Sciences News”
Wrightspeed Receives $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1fc8009f-1dad-4783-8a4f-c832ec372006&Preview=1 Date 11/5/2010 Company Name Wrightspeed Mailing Address Undisclosed San Jose, CA 95101 Company Description The company is developing extended range, hybrid electric drive systems. Website http://www.Wrightspeed.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
AeroScout Gets $16M Round
AeroScout in Redwood City, CA, raised $16 million in a round led by Evergreen Venture Partners, with previous investors Cisco, Greylock Partners, Intel Capital, Menlo Ventures, Pitango Venture Capital and Star Ventures participating, according to PE Hub. AeroScout makes a Real Time Location System that works with its Wi-Fi RFID system, primarily for healthcare companies. … Continue reading “AeroScout Gets $16M Round”
Nexant Raises $50M
Nexant in San Francisco, CA, says it has raised $50 million in a round led by Dr. Romesh Wadhwani of Symphony Technology Group. Previous investors TeleSoft, Oak Investment Partners, Intel Capital, and Beacon participated. Nexant makes software that manages the power grid, handling energy efficiency, demand response and distributed generation. It also sells consulting services … Continue reading “Nexant Raises $50M”
Is Cloudera the Next Oracle? CEO Mike Olson Hopes So
Cloud computing is expected to commoditize entire sectors of the IT industry over the next few years, and to create entirely new classes of big companies as well. One of those big companies will be Cloudera, says Mike Olson, the firm’s CEO. Or at least he hopes it will be Cloudera, a Palo Alto, CA-based … Continue reading “Is Cloudera the Next Oracle? CEO Mike Olson Hopes So”
ChemoCentryx, Pursuing the Dream For Autoimmune Disease, Seeks to Put a Pill in a Bottle
One of the big dreams in the pharmaceutical business is to develop a once-daily oral pill that can relieve symptoms of autoimmune diseases. These are the kind of energy-sapping, pain-inflicting, or disfiguring illnesses people get when the body’s immune system goes awry and attacks healthy tissue like it’s a foreign virus. No one has come … Continue reading “ChemoCentryx, Pursuing the Dream For Autoimmune Disease, Seeks to Put a Pill in a Bottle”
GainSpan Lands $5,075,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04fb5af4-b129-4d95-b4ec-518a4d2f8c94&Preview=1 Date 11/4/2010 Company Name GainSpan Mailing Address 125 S. Market Street San Jose, CA 95113-2292 Company Description GainSpan brings Wi-Fi sensor networks to life. The company’s semiconductor and software solutions break new ground in Wi-Fi applications by enabling years of battery life for Wi-Fi sensors and other devices. Website http://www.gainspan.com Transaction … Continue reading “GainSpan Lands $5,075,000 New Financing”
Solyndra Obtains $175,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78024ac6-f162-4f2b-be40-52ab8f54e55d&Preview=1 Date 11/4/2010 Company Name Solyndra Mailing Address 47700 Kato Road Fremont, CA 94538 Company Description The company is developing high efficiency photovoltaics for the generation of solar power. Website http://www.solyndra.com Transaction Type Debt Transaction Amount $175,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use the convertible debt for operating needs. … Continue reading “Solyndra Obtains $175,000,000 New Funding Round”
Samplify Systems Secures $200,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc8cf8c8-9bbd-4795-bfe2-b202792e1968&Preview=1 Date 11/4/2010 Company Name Samplify Systems Mailing Address 160 Saratoga Avenue Santa Clara, CA 95051 Company Description Samplify Systems is a venture-funded Silicon Valley startup that delivers simply the bits that matter in real-world signal processing applications. By bridging the ever-widening gap between faster data converters and the fixed-bandwidth infrastructure that … Continue reading “Samplify Systems Secures $200,000 New Funding Round”
Rocket Ninja Lands $3,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ce2020c-3f3e-4b27-ab31-412179ea9be3&Preview=1 Date 11/4/2010 Company Name Rocket Ninja Mailing Address 490 2nd St. San Francisco, CA 94107 Company Description Rocket Ninja is a social games and apps company that creates high quality entertainment apps emphasizing self expression and personalization. Website http://www.rocketninja.com Transaction Type M&A Transaction Amount $3,500,000 Transaction Round Proceeds Purposes M&A Terms … Continue reading “Rocket Ninja Lands $3,500,000 New Funding Round”
Facebook Pushes Further Into Mobile
Facebook CEO Mark Zuckerberg this morning announced plans to extend Facebook’s influence in the mobile world, making it the center of a social ecosystem in which users would use their Facebook credentials to sign on to various services, reveal their locations, see where their friends are located, and find and claim deals from nearby businesses … Continue reading “Facebook Pushes Further Into Mobile”
Andreessen Horowitz Raises $650M
Silicon Valley venture capital firm Andreessen Horowitz raised $650 million in just three weeks for its second fund, according to a report carried by Reuters this morning. The fund is more than twice the size of the firm’s original fund and comes just 16 months after Marc Andreessen and Ben Horowitz started the Menlo Park, … Continue reading “Andreessen Horowitz Raises $650M”