Sports data provider Stats has acquired a rather buzzy company SportVU, a Tel Aviv, Israel based motion capture tech provider, for an undisclosed sum. The company, besides having sports clients, provided that famous CNN "hologram" technology that resulted in their reporters and other guests being "beamed into" the studios...
Social media company ThePort Network has raised $4.1 million in a second round led by American City Business Journals. Existing investors Lee Enterprises (NYSE: LEE), Atlanta-based start-up investor Imlay Investments, and angel investor Robert Jetmundsen also participated. Co-founder and CEO Bob Cramer, who is also an angel investor, told...
So it is still possible for online video operators to raise money? Video distributor ExtendMedia has raised a $10 million third round from existing backers Atlas, Venrock and TVM Capital, MHT reports. ExtendMedia powers Showtime's download-to-own service, SanDisk's FanFare video downloader and Bell Canada's video store. Based in Boston...
Sports data provider Stats has acquired a rather buzzy company SportVU, a Tel Aviv, Israel-based motion-capture tech provider, for an undisclosed sum. The company, besides having sports clients, provided that famous CNN "hologram" technology that resulted in its reporters and other guests being "beamed into" the studios from remote...
Koofers, a knowledge-sharing hub and community for students has secured $500,000 of a $2 million first round peHUB reports, citing a regulatory filing. Altos Ventures and New Atlantic Ventures provided the funds. While it's a small amount, it does seem like part of a larger trend toward incubating social...
In-game commerce provider Playspan has closed a $16.8 million second round of financing. Previous investors Easton Capital, Menlo Ventures, Novel TMT Ventures and STIC all participated in the round, in addition to undisclosed sources. The Santa Clara, Calif.-based company will use the funds to build out its publisher base...
Earlier this year in June, Fandango, the online movie tickets service which is part of Comcast (NSDQ: CMCSA), bought out movies info site Movies.com from Disney (NYSE: DIS), for an undisclosed sum at that time. Now the amount has come out, in Disney's latest annual 10-K filing with...
White label social networking service KickApps has raised more than $13 million in a third round funding, peHub reported, citing a regulatory filing. Previous investors Prism VentureWorks, Softbank Capital and Spark Capital participated in the funding, though there is speculation that an undisclosed investor led the round. KickApps has...
Monster Worldwide (NSDQ: MNST), parent company of Monster, has bought a 50 percent stake in CareerOne, one of the biggest jobs sites in Australia. CareerOne is part of News Limited, the news media arm of News Corp (NYSE: NWS). With this deal, the two companies will offer joint online...
Sezmi, the ambitious TV startup founded by Phil Wiser, former CTO of Sony (NYSE: SNE) America, has raised about $28 million in new funding, and aiming to close this third round at $50 million. However, the hopes of raising more might have to be tempered for a while with...
Social music service iLike is on the block, MediaMemo reports—with existing stakeholder Ticketmaster and online music pioneer *RealNetworks* at the top of the potential buyers list. ILike has raised about $16 million in funding since its launch in 2006, with Ticketmaster and Bob Pittman's Pilot Group as its investors....
After weeks of denials and "no comments," political blog The Huffington Post has closed a $25 million third round funding from Oak Investment Partners, the company said in an emailed press release this morning. The company said it planned to use the proceeds to support general growth efforts and...
Moscow-based PE firm Onexim Group has bought Forbes Russia, says Venturebeat, citing a translation of reports on Quintura's blog. Terms were not disclosed. In Russia, Forbes is published by Germany's Axel Springer, which uses visual search site Quintura. Forbes representatives didn't respond to our requests for comment.The purchase comes...
Alpha Media, the Quadrangle-owned media company that is holding for Maxim Magazine and Blender, may be turned over to the creditors, reports WSJ, another bad sign for the media investment fund by Steve Rattner. Last week came the news that Quadrangle was closing down its media hedge fund.Things have...
The Huffington Post has raised another $15 million in funding, according to the Times, as it continues on a high growth trajectory, which also means a high cash burn....to be fair, the site's traffic went through the roof and sky during the election season, and it has been investing...
Vivendi (EPA: VIV) SA has yet to decide whether it will keep its 20 percent stake in NBC Universal or exercise its annual option to sell, CEO Jean-Bernard Levy told analysts at a Morgan Stanley conference in Barcelona today. According to Bloomberg, Levy said: "Right now, considering the general...
London-based online ad network Adconion has acquired KTV Digital Media, the Los Angeles-based digital video production and distribution firm. Terms of the deal were not disclosed. With this acquisition, Adconion is forming its own content development and syndication arm to be called RedLever...this arm will develop and distribute branded...
WebVisible, a provider of local online ad tools, has acquired search marketer Adapt Technologies. Terms were not disclosed. The Irvine, Calif.-based WebVisible has raised $17 million in venture funding over the past three years, most recently securing $12 million in a second round from Redpoint Ventures in March....
IAC's ServiceMagic.com disclosed today a strategic investment in Minneapolis-based Zip Express Installation, a company that specializes in quick-turnaround installations of consumer or commercial electronics. The move adds electronics to ServiceMagic.com's U.S. online referral service for homeowners. IAC (NSDQ: IACI) isn't disclosing the investment amount but I was told the...
Monster Worldwide (NSDQ: MNST), parent company of Monster, has bought a 50 percent stake in CareerOne, one of the biggest jobs sites in Australia. CareerOne is part of News Limited, the news media arm of News Corp (NYSE: NWS). With this deal, the two companies will offer joint online...
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