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Mobile Photo-Sharing Service Instagram Lands $7 Million
San Francisco - Instagram, the provider of a mobile photo
effects and sharing service, announced on Wednesday that it has raised $7
million in first round...
Verve Wireless Acquires Deconstruct Media
Bethesda, Md. - Verve Wireless, the developer of a mobile ad
platform for local media, said on Wednesday it has acquired Deconstruct Media,
a mobile ad...
Venture Capital Performance Begins to Improve in Third Quarter
Arlington, Va. - Venture capital performance at the end of
the third quarter improved modestly across most time intervals, according to a
new report by the...
DISH Network to Pay $1 Billion for Satellite Firm DBSD
Reston, Va. - Satellite TV provider DISH Network (NASD: DISH) said on
Tuesday it will pay $1 billion to acquire DBSD North America, a unit of...
Mobile Affiliate Ad Network OfferMobi Secures $1 Million
New York - OfferMobi.com, an affiliate ad network for U.S.
mobile campaigns, has raised $1 million in new funding from ARC Angel Fund and
some of...
Chango Lands $4.25 Million for Search Retargeting Ads
Toronto - Chango, a provider of online ad targeting based on
search history, announced on Tuesday the closing of a $4.25 million second
round of venture...
Latin Social Network Quepasa Acquires Brazilian Game Studio
West Palm Beach, Fla. - Quepasa, the operator of an online
social network targeting Latinos, announced on Tuesday that it will acquire
XtFt Games, parent company...
Website Builder Webs Buys Facebook Page Maker Pagemodo
Silver Spring, Md. - Webs, a website creation service
(formerly known as Freewebs), has acquired Pagemodo, a service that helps
companies and individuals create Facebook Pages,...
Seesmic Gets $4 Million From Salesforce.com, Softbank
San Francisco - Seesmic, a developer of applications that
monitor social networks across mobile devices, announced on Tuesday that it has
received a $4 million investment...
Citigroup Takes Over Control of EMI, Slashes Debt
London - Major record label EMI announced on Tuesday that it
has been acquired by Citigroup, which in turn announced a recapitalization of
the company that...