Challenges with Raising Venture Capital & Being Transparent about It

It hurts to get close to something that you want and then not get it, doesn’t it? When we’re talking about money and business, this situation is even more painful. Furthermore, talking about the situation does nothing but add more grief to an already complicated situation.

Tumblr Keeps Growing and Growing

The microblogging site that’s home to image lovers everywhere is growing by leaps and bounds. So much so, in fact, Tumblr has secured new funding, thanks, in large part, to the massive amount of pageviews it receives on a daily…

Airbnb Looks To Expand With $112 Million In New Funding

“Community marketplace for unique spaces” Airbnb announced today that it has received $112 million in Series b financing from Andreessen Horowitz, DST Global, and General Catalyst. When you add that to their previous funding, Airbnb now boasts total funding of…

AdKeeper Lands $35 Million In Funding

AdKeeper, a company that allows users to save online ads for later viewing, said today it has raised $35 million in Series B funding led by Oak Investment Partners

The round raises AdKeeper’s total funding to $43 million since it came out of stealth in October and is set to publicly launch in February.

AdKeeper allows users to save ads in personal “Keepers” to review the ads later. Users can click on the “Keep Button” which is embedded in the ad.

Ad Firm with Former NASA Engineers Gets New Funding From Nokia

Ad technology company Rocket Fuel has closed its second round of VC funding of $10 million next week. "Rocket Fuel uses prediction and automation techniques derived from rocket science (many employees are former NASA engineers)," a spokesperson for the company tells WebProNews. 

Popular News App Maker Newsy Gets New Funding

Newsy is a video news service that analyzes the world’s news coverage, highlighting the key differences in reporting. The company has now closed a $2 million round of funding.

Newsy is already popular with iPad users. "Newsy released its iPad app last week – the app rose to #6 for news in the iTunes’ App Store (currently is #11) and has excellent reviews," Newsy VP Marketing and Community Alexandra Wharton tells WebProNews.

ChaCha Closes $7 Million Round of Funding

Answers service ChaCha announced today that it has closed a $7 million E round of funding. The service lets users go online, call, or text questions on mobile phones and receive answers "within minutes" for free. The service has an iPhone app and lets people ask questions via Twitter as well.

This round of funding might be particularly significant for the company. "We believe this latest round provides ChaCha the cash required to reach profitability," says CEO Scott A. Jones.