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Sprout Social Raises Funding for Social Media Management Tools

Los Angeles - Sprout Social, a provider of social media marketing and management services for businesses, has raised a first round of funding from Lightbank, TechCrunch reported. While...

Jelli Lands $7 Million for Interactive Crowdsourced Radio

San Mateo, Calif. - Jelli, the operator of a crowdsourced, hybrid online and on-air radio format, announced on Thursday that it has raised $7 million in its...

Delivery Agent Acquires Interactive Media Agency The Band

San Francisco - Delivery Agent, a provider of e-commerce fulfillment services for media and entertainment companies, announced on Wednesday that it has acquired interactive media agency The...

Viral Content Aggregator BuzzFeed Gets $8 Million

New York - BuzzFeed, the publisher of a site that aggregates viral Web content, has raised $8 million in its second round of funding, led by...

Lionsgate Shareholders Adopt Poison Pill to Block Icahn

Santa Monica, Calif. - Film studio Lionsgate (NYSE: LGF) announced on Wednesday that a majority (70.4%) of its shareholders voted to adopt a shareholder rights plan intended to...

Mobile Games Publisher ngmoco Buys Stumptown Game Machine

San Francisco - Mobile games publisher ngmoco announced on Wednesday that it has acquired game developer Stumptown Game Machine. Financial terms of the deal were not...

Event Ticketing Firm Ticketfly Lands $3 Million

New York - Ticketfly, a provider of online ticketing services, has raised $3 million in its first round of financing. Investors included High Peaks Venture Partners, Contour Venture...

Twitter Ad Network Ad.ly Nabs $5 Million, Names New CEO

Beverly Hills, Calif. - Ad.ly, the operator of an online ad network on Twitter, has raised $5 million in new funding led by GRP Partners, TechCrunch reported. Greycroft...

Lithium Technologies Buys Social Media Monitor Scout Labs

Emeryville, Calif. - Lithium Technologies, a provider of social customer relationship management services, announced on Tuesday that it has acquired Scout Labs, a provider of social media...

NVCA Urges Senators to Maintain Current VC Tax Treatment

Arlington, Va. - Hoping to curb a proposal currently being considered in the Senate, the National Venture Capital Association (NVCA) on Tuesday delivered to every senator a...