Latest Venture news. » funding http://www.venture.name Capital venture news Wed, 02 Nov 2011 00:58:44 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 ThePort Raises $500k More for Business Social Networks http://www.venture.name/2009/12/15/theport-raises-500k-more-for-business-social-networks/ http://www.venture.name/2009/12/15/theport-raises-500k-more-for-business-social-networks/#comments Wed, 16 Dec 2009 04:30:14 +0000 Dan Levine http://www.techcrunch.com/?p=128984 ThePort Network has raised $500k from existing investors in an extension of its Series B round. ThePort provides businesses with social network and social media services. A couple years ago we covered ThePort as part of a broader look at ways to build your own social network, which included a detailed look at a number of players in the space here. American City Business Journals led a $4.1M Series B in ThePort in December 2008 and has not looked back. Over the last year recurring revenue has grown 90% topping $2M.]]>

ThePort Network has raised $500k from existing investors in an extension of its Series B round. ThePort provides businesses with social network and social media services. A couple years ago we covered ThePort as part of a broader look at ways to build your own social network, which included a detailed look at a number of players in the space here.

American City Business Journals led a $4.1M Series B in ThePort in December 2008 and has not looked back. Over the last year recurring revenue has grown 90% topping $2M. The company’s products target associations, media companies and nonprofits and have found success in the government sector. Major clients include the American Diabetes Association, the American Bar Association, the American Lung Association, the Sierra Club and as CEO Bob Cramer diplomatically put it, “a major political party”.

The company plans on using the new funding to grow its sales and marketing efforts. ThePort has read the tea leaves and as part of that push ThePort plans to open an office in Washington DC in 2010. The company also hopes to reach profitability next year.

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]]> http://www.venture.name/2009/12/15/theport-raises-500k-more-for-business-social-networks/feed/ 0 CloudShare Receives $10 Million for IT Virtualization http://www.venture.name/1999/11/29/cloudshare-receives-10-million-for-it-virtualization/ http://www.venture.name/1999/11/29/cloudshare-receives-10-million-for-it-virtualization/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/cloudshare-receives-10-million-for-it-virtualization/feed/ 0 Article One Partners Received $3 Million to Assist in Patent Validation http://www.venture.name/1999/11/29/article-one-partners-received-3-million-to-assist-in-patent-validation/ http://www.venture.name/1999/11/29/article-one-partners-received-3-million-to-assist-in-patent-validation/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/article-one-partners-received-3-million-to-assist-in-patent-validation/feed/ 0 SeeWhy Receives $2 Million to Assist with Shopping Cart Abandonment http://www.venture.name/1999/11/29/seewhy-receives-2-million-to-assist-with-shopping-cart-abandonment/ http://www.venture.name/1999/11/29/seewhy-receives-2-million-to-assist-with-shopping-cart-abandonment/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/seewhy-receives-2-million-to-assist-with-shopping-cart-abandonment/feed/ 0 RepairPal Received $7.35 Million so You Can Lower Auto Costs http://www.venture.name/1999/11/29/repairpal-received-7-35-million-so-you-can-lower-auto-costs/ http://www.venture.name/1999/11/29/repairpal-received-7-35-million-so-you-can-lower-auto-costs/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/repairpal-received-7-35-million-so-you-can-lower-auto-costs/feed/ 0 Zulily Received $4.6 Million for a New Store http://www.venture.name/1999/11/29/zulily-received-4-6-million-for-a-new-store/ http://www.venture.name/1999/11/29/zulily-received-4-6-million-for-a-new-store/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/zulily-received-4-6-million-for-a-new-store/feed/ 0 Smule Receives $8 Million for iPhone Application http://www.venture.name/1999/11/29/smule-receives-8-million-for-iphone-application/ http://www.venture.name/1999/11/29/smule-receives-8-million-for-iphone-application/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest)
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]]> http://www.venture.name/1999/11/29/smule-receives-8-million-for-iphone-application/feed/ 0 YouKu Video Site in China Receives $40 Million http://www.venture.name/1999/11/29/youku-video-site-in-china-receives-40-million/ http://www.venture.name/1999/11/29/youku-video-site-in-china-receives-40-million/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest) YouKu
E Round: $40,000,000
Founded: 01/2006
Industry: Advertising Networks
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YouKu is a Chinese video [...]



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]]> http://www.venture.name/1999/11/29/youku-video-site-in-china-receives-40-million/feed/ 0 Kakai Rasies $7.5 Million for the Stealth Startup http://www.venture.name/1999/11/29/kakai-rasies-7-5-million-for-the-stealth-startup/ http://www.venture.name/1999/11/29/kakai-rasies-7-5-million-for-the-stealth-startup/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest) Kakai
B Round: $7,500,000
Founded: 01/2009
Industry:
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Kakai is a stealth-mode start-up developing an [...]



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]]> http://www.venture.name/1999/11/29/kakai-rasies-7-5-million-for-the-stealth-startup/feed/ 0 WePay Receives $1.65 Milion for Group Payments http://www.venture.name/1999/11/29/wepay-receives-1-65-milion-for-group-payments/ http://www.venture.name/1999/11/29/wepay-receives-1-65-milion-for-group-payments/#comments Mon, 29 Nov 1999 21:00:00 +0000 brian@longest.com (Brian Longest) WePay
A Round: $1,650,000
Founded: 01/2009
Industry: Online Payments
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WePay allows groups, being as [...]



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