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Chinese Classified Ads Portal 58.com Raises $15 Million

Beijing - 58.com, a classified ads portal in China, has raised $15 million in its second round of venture capital financing, JLM Pacific Epoch reported, citing the...

Tumblr Lands $5 Million for Blogging Platform

New York - Tumblr, the provider of a simple blogging platform, has raised $5 million in its third round of funding, from previous investors Spark Capital...

Networked Insights Gets $5 Million for Social Media Analytics

Madison, Wisc. - Networked Insights, a provider of social media analytics, announced that it has raised $5 million in its first round of funding, led by...

Synerchip Lands $10.5 Million for Home Networking Chips

Sunnyvale, Calif. - Synerchip, a provider of high-speed digital interface chips, said on Monday that it has landed $10.5 million in its third round of funding, co-led...

Venture Capital Investments Show Strong Growth in Q1

New York - Venture capitalists invested $4.7 billion in U.S. companies during the first quarter, up from $4.2 billion during the same period in 2009, according to...

WSJ: Hearst Mulling Acquisition of Digital Marketer iCrossing

New York - U.S. newspaper and magazine publisher Hearst is nearing a deal to acquire digital marketing firm iCrossing for about $375 million, The Wall Street...

Online Ad Network Betawave Nabs $2.4M, Suspends Reporting

San Francisco - Betawave, the San Francisco-based developer of an online ad network reaching about 39 million unique visitors a month, said on Friday that it...

BlackArrow Raises $20 Million for Video-on-Demand Ads

San Jose, Calif. - BlackArrow, a provider of dynamic ad insertion services for video-on-demand platforms, announced on Monday that it has raised $20 million in a third...

Tynt Multimedia Gets $8 Million for Content Sharing Analytics

Calgary, Canada - Tynt Multimedia, a provider of content sharing analytics services for online publishers, announced on Monday that it has raised $8 million in its second round...

Daily Grommet Raises $3.4 Million for Gift Idea Marketplace

Lexington, Mass. - Daily Grommet, a company that operates an online marketplace and video review site, has raised $3.4 million in its first round of venture capital. Investors...