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Report: Streaming Music Service Pandora Closes Fifth Round

San Francisco - Streaming music service Pandora has closed a fifth round of venture capital financing, PaidContent reports, citing a statement from the company. The amount raised...

Google Acquires Ad Technology Firm Invite Media

Mountain View, Calif. - Google (NASD: GOOG) has acquired online advertising technology firm Invite Media, All Things D reported, citing sources. The report suggested the price Google paid was...

Sonic Solutions to Acquire DivX Video Codec for $323 Million

Novato, Calif. - Sonic Solutions (NASD:  SNIC) announced on Wednesday that it has acquired DivX, the developer of a video codec and distribution service, in a...

Fantasy Sports Ventures Acquires Sports Blog The Big Lead

New York - Independent sports blog The Big Lead has been acquired by Fantasy Sports Ventures in a deal pegged in the low seven figures by...

Google Ventures Backs Social TV App Developer Bazaar Labs

San Francisco - Bazaar Labs, the developer of an application that lets users share real-time film and TV viewing statuses, has revealed that Google Ventures was...

Transpera Lands $9 Million for Mobile Video Ad Network

Santa Monica, Calif. - Transpera, the provider of a mobile video ad platform, announced on Wednesday that it has closed a $9 million third round of funding,...

Pittman Invests in Pop Culture Newsletter GeekChicDaily

New York - Pop culture email newsletter GeekChicDaily said on Wednesday that it has received an investment from Robert Pittman, the former COO of AOL Time...

Main Street Connect Lands $3.97 for Hyperlocal News Network

New York - Main Street Connect, the publisher of a hyperlocal news network, has raised $3.97 million in its first funding round, PaidContent reported, citing a regulatory...

Mobile, Online Ordering Service Snapfinger Nabs $7 Million

Atlanta - Kudzu Interactive, the parent company of mobile ordering and e-commerce service Snapfinger.com, announced on Tuesday that it has closed a $7 million second round of...

Buzz Media Inks New Deals With Six Music Blogs

Los Angeles - Buzz Media, the publisher of a network of entertainment-related websites, and a corresponding ad network, announced that it has signed six new music...