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Funding
ChaCha Gets Extra-Important $10M In Funding
By Doug Caverly
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
By Doug Caverly
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
By Doug Caverly
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
By Doug Caverly
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
By Doug Caverly
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.
Following FoodFight, SocialMedia Catches $3.5M
By Doug Caverly
SocialMedia Networks is behind several Facebook applications, including FoodFight. FoodFight allows users to “throw” various things, including piles of poop, at each other. Fortunately, this app’s success is not directly responsible for SocialMedia’s recent $3.5 million round of funding.
TokBox Receives $4 Million In Funding
By Doug Caverly
Some beta services are more refined than others, and TokBox, which offers free video chat, may still have a ways to go. But TokBox has the support of Sequoia Capital, and also has around $4 million from the venture capital firm.
OSS Venture Capital & M&A
Many of you may have heard that Matthew Aslett is over at The 451 Group now.
Turn Winds Up With $8 Million In Funding
By Doug Caverly
$8 million might buy thousands of newspaper ads, or perhaps three or so Super Bowl commercials. But in this case, the $8 million will go towards funding Turn, the self-proclaimed “world’s first automatic targeting ad network.”
Waterfront Media Gets $25 Million In Funding
By Doug Caverly
Waterfront Media sounds big, and it is - properties like EverydayHealth.com receive millions of visits per month. Waterfront Media is also big in a financial sense, and a new round of funding brought it $25 million more.
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