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Bankrupt Sellaband Bought by German Investors; CEO Exits
Munich, Germany - Sellaband, the fan-financed recordings
site that recently filed for bankruptcy protections in Holland,
announced late Wednesday that investors in Germany have agreed to...
Social Network hi5 Acquires Social Games Firm Big Six
San Francisco
- Online social network hi5 announced on Thursday that it has acquired social
gaming firm Big Six.
Financial terms of the transaction were not disclosed....
Quincy Smith Unveils New Investment Firm Code Advisors
San Francisco
- Quincy Smith, the former head of CBS Interactive, on Wednesday announced the
launch of an investment and advisory firm, Code Advisors, which will...
PeerPong Nabs $2.8 Million for Social Search Engine
Los Angeles
- PeerPong, the developer of a social search engine service, has raised $2.8
million in funding from Doll Capital Management, First Round Capital, Charles
River...
Meltwater Group Acquires Social Media Monitor BuzzGain
San Francisco
- Meltwater Group, a provider of media monitoring services, announced on Wednesday
that it has acquired BuzzGain, a social media monitoring firm.
While the
companies did...
Cinetic Co-founder Debuts Investment Firm ErGo Media Capital
New York - Cinetic Media co-founder Matt Littin on
Wednesday launched ErGo Media Capital, a new entertainment and media investment
firm that will provide venture capital...
Qwest Invests $10 Million in VOD Firm ZillionTV
Santa Clara,
Calif. - ZillionTV, the provider
of a Web-based video-on-demand service, has received a $10 million investment
from Qwest Communications, Multichannel News reported.
Founded in 2007,...
Chinese Online Ad Firm Yoyi Media Lands Funding
Beijing - Yoyi Media, a
provider of targeted online ad services in China, announced on Wednesday that
it has closed its first round of funding, led...
Online Scrapbook Service Smilebox Adds $2M to Second Round
Redmond,
Wash. - Smilebox, the provider of
an online photo scrapbook creation service, announced on Wednesday that it has
raised $2 million in follow-on funding for its...
Report: Founders Fund Invests in Music Streamer Spotify
Luxembourg - Spotify, the European streaming music service
gearing up for its U.S. launch, has closed a new round of funding led by
Founders Fund, TechCrunch...
