WebProNews

Struggling SpiralFrog Raises $2 Million

SpiralFrog hasn't been doing so well, but $2 million can heal a lot of wounds, and the ad-supported, Web-based music service has raised this amount in funding.

Kosmix Takes In $10 Million In Funding

It may or may not be time to use the r-word, but even in a recession, money has to go somewhere, and $10 million has just found its way to Kosmix, the vertical search company.

56.com Finds $20 Million In Funding

In several areas, Google’s the hands-down, for-the-foreseeable-future winner in America.  But in China, that’s not the case, and so a new $20 million investment in video-sharing site 56.com seems like a decent use of money.

AdBrite Receives $23 Million In Funding

If we’re heading towards (or already in) a recession, it isn’t yet hurting online advertising much - AdBrite, which specializes in that field, just received $23 million in funding.

Youku.com Receives $25 Million In Funding

There’s seems to be some small, subtle thing that keeps Google from succeeding in China.  Unfortunately, I can’t identify it (the ability to do that is probably worth a lot of money).  But as further proof of its existence, a Chinese YouTube clone just received $25 million in funding.

ChaCha Gets Extra-Important $10M In Funding

In a series B round of funding, the Indiana 21st Century Research and Technology Fund showed its confidence in ChaCha by tossing in $2 million.  Morton Meyerson must really like ChaCha, though - he gave the human-powered search company $8 million.

5min Earns $5 Million In Funding

For a video-sharing site known as 5min, there’s good news and bad news.  The good: it just brought in $5 million through a round of funding.  The bad: about half of it is now owned by investors.

Real Estate Blog Raises $1.5 Million

So what if the real estate market is tanking?  I think that’s much more interesting to read about than a break-even or everybody-gets-rich scenario, and some investors may feel the same way; Curbed.com, a blog that covers real estate, just received $1.5 million in funding.

FiveRuns Receives $6.2 Million In Funding

It would have been more fitting (in terms of alliteration) if FiveRuns had gotten around $5 million in funding.  Instead, the company, which works with Ruby on Rails, did especially well and took in $6.2 million.

Tumblr Finds Funding

It’s not quite ready to overtake Blogger or TypePad - from which it claims to be completely different - but Tumblr, a blogging company, is now $750,000 richer thanks to a round of funding.