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Funding Articles

Investors Toss Money At Automotive StreetFire

In the world of video-sharing sites, we see competitor after competitor that is, when you get right down to it, “not YouTube.”  But for car people, there’s something that’s even better, and it just received $6.1 million in funding.

PowerReviews Receives $15 Million

Every day, it seems like at least one social network brings in a few million dollars in funding.  Now a social shopping network is getting richer, as well; PowerReviews just received $15 million.

Facebook Could Get Much More Funding

It’s an old question: would you rather be wealthy, powerful, or famous?  The perfect company would likely be all three, and Facebook has, without question, achieved those last two qualities.  Now there’s word that a major round of financing would take care of the first.

Dopplr Social Network Finds Funding

Dopplr, a social network for travelers, is getting a lot of attention; although it’s in an invitation-only mode, there have been plenty of positive reviews.  What’s also important, however, is the attention it’s received from some investors.

Wis.dm Wins $5 Million In Funding

I considered opening this article with a yes or no question, but the idea didn’t appeal to me all that much.  Still, if you’d like to pose – or answer – such questions, North Bridge Venture Partners just contributed somewhat less than $5 million to a site that’ll allow you the opportunity: Wis.dm.

MocoSpace Receives Funding

Mobile social networking site MocoSpace, said today that it had secured $3 million in Series A funding.

Pluggd Picks Up $6 Million In Funding

The word “Intel” is powerful, “Labrador” reminds me of friendly dogs, and $6 million – well, you can’t go wrong with $6 million.  And let’s hope that Pluggd doesn’t, as it’s this company that just received $6 million in a round of funding.

CafeMom Mops Up $5 Million In Funding
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As tradition would have it, Facebook’s for college students and LinkedIn’s for professionals.  But what about mothers?  Yes, mothers can of course be both college students and professionals, but in any case, there’s CafeMom, and for CafeMom, there’s $5 million – the social networking site just had a successful round of funding.

Metacafe Collects $30 Million In Funding
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In the land of online video, YouTube is king – there’s no doubting that.  But Metacafe just received some funding, and if $30 million can buy just 0.49 percent of the market, the site may move from eighth place to sixth.

Hotswap Gets Funding From Wozniak

Hotswap says that “seeing is believing,” and, to a point, I agree; Hotswap lets people post videos to sell their used cars, which is far better than a picture or 15-word newspaper blurb.  Now, with the support of Steve Wozniak, the site may be in a good position to take off.

iCrossing Receives $62 Million In Funding
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Companies routinely receive three, five, or even ten million dollars in various funding rounds; reporting on it kind of dulls you to those huge amounts.  But iCrossing, a “global digital marketing company,” has just received $62 million, and that’s definitely worth a closer look.

techTribe Takes In Funding

On its home page, Canaan Partners volunteers information about a new managing director.  It also advertises a $3 million investment round in iYogi.  But what we’re interested in is techTribe’s funding, and on that subject, Canaan didn’t share a lot of specifics.  Oh, well – we have managed to piece a few things together.

Going.com Receives $5 Million In Funding

If you haven’t heard of Going.com, don’t feel left out – the events-driven network is only targeted at young people in Boston, San Francisco, Chicago, and New York, so I’m betting a lot of folks remain unaware of it.  That may soon change, however, because Going.com just received $5 million in funding.

Takkle Scores Funding From Sports Illustrated

High school sports social network Takkle has received additional funding from Sports Illustrated and the New York City Investment Fund. The amount was not released.

Hi5 Helped By $20 Million In Funding

In the past week, there have been eight WebProNews stories with the word “Facebook” in the title and five involving “MySpace.”  “Hi5” has, as far as I can tell, never been the subject of an article.  But in what’s definitely a noteworthy event, that social network just got $20 million.

Europe’s Challenge to Google’s Dominance

It seems the European Union is all too quick to question Google’s dominance and probe its acquisitions, but is there a huge conflict of interest to consider?

Tudou’s Videos Receive $19 Million In VC Funding

Tudou, a Chinese video-sharing site, has just raised 143 million yuan.  But because Tudou’s funding was provided by the likes of General Catalyst Partners, and Tudou’s advertisers include companies such as Ford, KFC, and Pepsi, it would probably make more sense for me to state that amount as $19 million.

TheFind.com Locates $15 Million In Funding
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TheFind.com offers “shopping search reinvented,” but with a fresh $15 million in its pockets, we may soon wind up with something that’s been re-reinvented.  Then again, that $15 mil could be a sign that the company’s investors (who were led by Bain Capital Ventures) like things just the way they are.

Ning Gains Funds, Users

Earlier this week, Ning collected $44 million in funding – that’s easily the main story here.  But to add an important update to this event, Ning has also now reached the point where it has over 75,000 social networks.

CarDomain Draws $3 Million In Funding

Have you ever seen a guy reach into his pocket, draw out a twenty-dollar bill, and celebrate “finding” this money?  Well, CarDomain.com pulled a similar move today, but on a rather grander scale – $3 million came out of founder Alex Algard’s pockets.

Lijit Receives $3.3 Million In Funding

Blog search is getting better – or at least richer – as Lijit Networks just secured $3.3 million in funding.