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VC Firm Founders Fund Closes $250 Million Third Fund
San Francisco - Venture capital firm Founders Fund, which
has backed companies including Facebook, Spotify and Quantcast, announced on
Tuesday that it has closed its third...
Pixazza Raises $12 Million for Commerce-Enabled Web Images
Mountain View, Calif. - Pixazza, a developer of
commerce-enabled Web images, has raised $12 million in its second round of
financing, led by Shasta Ventures.
Previous backers...
Intel Capital, Limelight Back Gaikai Game Streaming Service
Los Angeles - Gaikai, the operator of a cloud-based video
game streaming service, announced on Tuesday that it has received new
investments from Intel Capital and...
FanFeedr Gets Funding for Sports News, Virtual Wagering
Los Angeles - FanFeedr, a service that provides sports news
aggregation and a social game that includes virtual betting, has raised
$450,000 in seed funding from...
Report: U.S. Venture Investment Hits Highest Level Since 2008
New York - Venture capitalists invested $7.7 billion into
U.S.-based companies during the second quarter, the highest quarterly total
since the third quarter of 2008, according...
Nokia Siemens Buys Motorola Unit for $1.2 Billion
Espoo, Finland - Nokia (NYSE: NOK) Siemens Networks announced on Monday
that it will acquire the majority of Motorola's (NYSE: MOT) wireless network infrastructure
assets for $1.2 billion.
About...
Google Buys Metaweb Open Database of 12 Million "Things"
Mountain View, Calif. - Google (NASD: GOOG) announced that it has
acquired Metaweb, the operator of "an open database of things in the
world."
Financial terms of the...
Freelancer.com Acquires Virtual Content Marketplace Freemarket
Sydney, Australia - Freelancer.com, an online marketplace
for outsourcing freelance work, announced on Monday that it has acquired
Freemarket.com, a virtual content marketplace.
Financial terms of the...
Compass Labs Gets $5 Million for Targeted Social Ads
San Jose, Calif. - Compass Labs, a provider of targeted
advertising on social networks, has raised $5 million in new financing,
TechCrunch reported.
Investors included New Enterprise...
Shares of Digital 3D Cinema Firm RealD Up 22% After IPO
Los Angeles - Shares of digital 3D cinema company RealD (NYSE: RLD) were
up 22% above their initial public offering (IPO) price on Friday, opening...