Time Inc. Buys StyleFeeder Shopping Engine for InStyle.com

By
Mark Hefflinger
-
0

New York
– Time Warner’s (NYSE:  TWX) Time Inc. announced on Tuesday that it has acquired personal
shopping engine StyleFeeder, which will be incorporated into its InStyle family
of brands.

Financial terms of the transaction were not disclosed.

StyleFeeder
"uses pattern recognition technology and its members’ style preferences to
make recommendations for clothing, shoes and accessories from thousands of online
retailers."

The service counts over 1 million registered members and more
than 600,000 monthly unique visitors.

The company’s funders included Highland
Capital Partners and Schooner Capital.

The StyleFeeder service will be added to
InStyle.com, which counts 1.5 million monthly visitors.

 

Related Links:
http://snipurl.com/u4nrp

http://www.instyle.com

http://www.stylefeeder.com

Sway Raises $1.2 Million for Shoutlet Social Media Platform

By
Mark Hefflinger
-
0

Madison, Wisc. – Sway, the developer of a social media
content distribution and communications platform called Shoutlet, announced on
Tuesday that it has closed a $2 million first round of venture capital
financing.

The round was co-led by Origin Ventures and Leo Capital Holdings,
and follows a $1.2 million seed round the company raised in 2007.

Founded in
2004, Wisconsin-based Sway said that clients of its Shoutlet platform include
American Family Insurance, Solo and Cannondale.

The Shoutlet platform
encompasses social media tools including online video distribution; text
messaging; RSS feed and podcast creation; customized widget development;
branded social sharing; and Facebook and Twitter management.

The company will
use the funds to hire additional support staff, and for sales and marketing
efforts.

 

Related Links:
http://snipurl.com/u4nnu

http://www.shoutlet.com

Mobile Payments Firm Boku Lands $25 Million

By
Mark Hefflinger
-
0

San Francisco
– Boku, a provider of mobile payments technology, announced on Tuesday that it
has raised $25 million in its third round of funding, led by DAG Ventures.

Previous
backers Benchmark Capital, Index Ventures and Khosla Venture also participated
in the round.

Launched in June 2009, San Francisco-based Boku has to date
developed mobile payment processing partnerships with over 1,000 game and
application developers, including many on Facebook.

The company’s Paymo service
is enabled across 190 wireless carriers in 58 countries.

 

Related Links:
http://snipurl.com/u4nl1

http://www.boku.com

Guvera Gets $20 Million for Ad-Supported Music Downloads

By
Mark Hefflinger
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0

New York
– Guvera, an Australia-based, ad-supported music search and download service,
has raised $20 million in new funding, CEO Claes Loberg told TechCrunch.

Information
on participating investors was not disclosed.

Founded in 2008, the company is
currently beta testing its service, for which it has signed licensing deals to
date with major labels Universal Music and EMI, as well as independent
distributor IODA.

Advertisers on the site can create branded channels that
"house relevant styles of music and other digital content and showcasing
the particular aspects of a brand’s personality."

Brands then pay a fee
when customers download music from their respective channel pages.

 

Related Links:
http://www.techcrunch.com/2010/01/18/guvera-funding

http://www.guvera.com

Inuvo Raises $4.2 Million for Online Ad Platform

By
Mark Hefflinger
-
0

Clearwater,
Fla. – Inuvo, a developer of
predictive modeling for performance-based online advertising, announced on
Tuesday that it has raised $4.2 million in an offering of shares.

Florida-based
Inuvo launched its platform in beta in August 2009, and now claims
"thousands" of customers.

The platform lets advertisers and
publishers connect directly on search, affiliate, lead generation and email
initiatives.

Inuvo will use the funds to incorporate "decision science
technology" into its existing affiliate and search marketing platforms.

 

Related Links:
http://www.inuvo.com

Amazon Expands Self-Publishing for Kindle Internationally

By
Mark Hefflinger
-
0

Seattle
– Amazon.com (NASD: AMZN) on Friday announced an international expansion of its
self-publishing platform for its Kindle Store for e-books. The self-service
Kindle Digital Text Platform can now be used to upload and sell e-books in
English, German and French to customers worldwide in the Kindle Store.
Previously, the feature had been limited to authors and publishers based in the
U.S.


 

Related Links:
http://snipurl.com/u3kgb

http://dtp.amazon.com

U.K. Broadcaster Sky Plans 3D Channel

By
Mark Hefflinger
-
0

Las Vegas – U.K.
broadcaster Sky has announced plans to launch a 3D channel for its subscribers
later this year, following similar recent news from ESPN and Discovery. The
company partnered with 3ality Digital on the service, which will be broadcast
to Sky+HD set-top boxes and require that consumers own a 3D-capable television.


 

Related Links:
http://corporate.sky.com/media/press_releases/2010/3D_TV_sets.htm

Yahoo Debuts Vancouver Winter Olympics Site

By
Mark Hefflinger
-
0

Sunnyvale, Calif. – Yahoo said on Friday that it has
launched a new website dedicated to the upcoming Winter Olympics in Vancouver,
available through the link below. The company also said that it will have a
custom-designed broadcast studio in Vancouver,
as well as an entertainment center, known as FanCouver, where fans attending
the games can participate in company events and promotions.


 

Related Links:
http://sports.yahoo.com/olympics

CEO of NTN Buzztime Resigns

By
Mark Hefflinger
-
0

Carlsbad,
Calif. – NTN Buzztime, a provider
of interactive TV trivia games found in bars and restaurants, announced on
Friday that CEO Terry Bateman has resigned for personal reasons. Bateman will
remain on the company’s board, which has established a search committee and
expects to name a successor by the second quarter of 2010.


 

Related Links:
http://snipurl.com/u3kk2

http://www.ntn.com

Survey: Tech Firms Poised to Lead Stronger IPO Market in 2010

By
Mark Hefflinger
-
0

Chicago – Amid buzz
surrounding potential initial public offerings by social networking giants
Facebook, Twitter and LinkedIn, the majority of investment banking executives foresee
a stronger IPO market in the U.S.
this year, according to a new survey by accounting and consulting firm BDO.

More than two-thirds (68%) believe that IPO activity will increase this year
compared to 2009, with almost a quarter describing the increase as
"substantial."

Overall, bankers predict a 25% increase in the number
of U.S. IPOs in 2010, with offerings expected to average just over $400 million
in size.

"This inaugural survey reveals broad-based optimism among the
capital markets community that offering activity in the new year will build on
the momentum established this past fall," said Christopher Tower,
a partner in BDO’s Capital Markets Practice.

"Overall, the bankers’
outlook for IPOs is very positive, but some industry sectors are clearly seen
as stronger than others." Among the strongest are technology, energy,
biotech and healthcare.

 

Related Links:
http://www.bdo.com/news/pr/1226

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