Archive for November, 2007
Internet and new media venture capital fundings for the week of November 12th 2007, include: Facebook, TinselCinema, AvailMedia, AdBrite, Spotzer, Amobee, Snooth, Qwaq, Yodle.
Technorati Tags: VC News VC Shows venture capital podcast Facebook TinselCinema AvailMedia AdBrite Spotzer Amobee Snooth Qwaq YodleFacebook received additional funding in the amount of $60 Million from Hong Kong billionaire Li Ka-shing. Facebook recently received $240 Million from Microsoft.
Tinsel Cinema received an undisclosed Series B funding from Innovative Entertainment Limited (IEL). Tinsel Cinema owns and operates TinselVisionTM (TV), a broadband Internet, video-on-demand (VoD) service delivering premium Indian television and Bollywood films.
Avail Media received $25 Million from Valhalla Partners joined Columbia Capital, Novak Biddle Venture Partners, and Pioneer Ventures in this Series B round. Avail Media is a provider of IPTV and advanced media services to broadband operators.
Technorati Tags: VC News avail media Valhalla Partners Columbia Capital Novak Biddle Venture Partners Silicon Valley Bank Pioneer VenturesAdBrite is an online advertising marketplace. AdBrite received $23 Million from Sequoia Capital, as well as from DAG Ventures and Mitsui Ventures.
Spotzer provides professional commercials that you can purchase off the shelf for your own use. Spotzer received $14.8 Million (10 million euro) from undisclosed investors.
Spotzer provides professional commercials that you can purchase off the shelf for your own use. Spotzer received $14.8 Million (10 million euro) from undisclosed investors.
LesConcierges, a San Francisco, Calif. company that handles event planning and assistance with leisure activities, has taken $2.4 million in a third round of funding.
The company, which was founded way back in 1987, provides services for employees of corporations, credit card holders and individuals.
Funding was provided by the Keiretsu Forum, a large association of angel investors. Some 15 members invested.
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Avail Media, provides telecommunications companies like AT&T with video programming from MTV, FOX, Disney and other media companies. It has closed another large round of funding.
The Reston, Va.-company has raised $25 million in funding from Valhalla Partners, Columbia Capital, Novak Biddle Venture Partners and Pioneer Ventures. It has also raised $5 million in debt financing came from Silicon Valley Bank and an un-named strategic investor.
It has previously raised $12 million and even purchased a competitor, ViewNow, in September (more here).
Avail has distribution rights to more than 300 channels from national programming such as MTV Networks, Fox Networks, ABC-Disney, Turner, Discovery, and others. It provides encryption services for these videos.
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