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TokBox Secures $12 Million for Live Group Video Chat
San Francisco - TokBox, a provider of live video chat
applications, announced on Monday that it has secured $12 million in its third
round of funding,...
Celeno Gets $12 Million for Multimedia Home Network Chips
Ra'anana, Israel - Celeno Communications, a maker of
semiconductors for multimedia Wi-Fi home networking applications, announced on
Monday that it has raised $12 million in new...
PicPlz Developer Mixed Media Labs Scores $5 Million
San Francisco - Mixed Media Labs, the developer of mobile photo alteration
application PicPlz, has raised $5 million in venture capital from Andreessen
Horowitz, The New...
Party Planning Service Punchbowl Acquires Rival Socializr
Framingham, Mass. - Punchbowl.com, an online party-planning
service, on Friday announced that it has acquired Socializr.com, a similar
service created by Friendster founder Jonathan Abrams in...
Viacom Looks to Sell "Guitar Hero" Game Developer Harmonix
New York - Viacom (NYSE: VIA) plans to sell its Harmonix game development
studio, which created the "Guitar Hero" and "Rock Band"
music video game franchises,...
ZeniMax Media Aquires European Developer MachineGames
Rockville, Md. - Video game developer and publisher ZeniMax
Media, the parent company of Bethesda Softworks, announced on Friday that it
has acquired MachineGames, a European...
Newsweek, The Daily Beast Merge; Tina Brown Named Editor
Washington - In a merger of old and new media, Newsweek
magazine announced on Thursday that it will merge with New York-based The Daily
Beast, an...
Digital Ticketing Firm Veritix Secures $100 Million Credit Line
Cleveland, Ohio - Veritix, a provider of digital ticketing
solutions, has secured a five-year, $100 million line of credit from Rockbridge
Growth Equity, TicketNews.com reported.
The...
Report: Mobile Photo App Instagram Raising VC Funding
San Francisco - Instagram, a developer of mobile photo
alteration applications, is raising a first round of funding seeking a
valuation of about $20 million, CNET...
Blog Platform Tumblr Raising "Very Big" Round From Sequoia
New York - Tumblr, the operator of a simplified blogging
platform, has raised a "very big and competitive" new round of
financing led by Sequoia Capital,...