Wikia said it raised more than $10 million in an oversubscribed Series C round of funding led by Institutional Venture Partners and joined by existing investors Bessemer Ventures Partners and Amazon.com. Wikia is already profitable and will use the money to accelerate mobile and video initiatives, drive user growth and look for strategic acquisitions. The most recent funding brings investment in the company to $25 million.
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ParAccel, Inc. said Wednesday it closed a Series E round of about $15 million with Amazon.com, Inc. joining existing investors Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners and Silicon Valley Bank. The database developer will use the money to expand its sales force and engineering staff. The Campbell, Calif., [...]
Posted on: June 29, 2011 by cnolanComments Off
Online video creation service Animoto.com has sealed $25 million in financing led by Spectrum Equity Investors, with participation from existing Animoto investors Madrona Venture Group and Amazon.com. The money will help Animoto expand its video creation services. As a result of the round, Ben Spero, a managing director for Spectrum Equity, will join the Animoto [...]
VCs and cloud storage companies are picking up in 2011 where they left off in 2010. Today, San Jose, Calif.-based Cirtas Systems, a provider of cloud storage hardware, announced it has raised a $22.5 million Series B round that was co-led by Shasta Ventures and Bessemer Venture Partners and including previous investors New Enterprise Associates, [...]