SocialFlow said it raised a $10 million Series B round in a deal led by Fairhaven Capital and joined by existing investors SoftBank Capital, RRE Ventures, AOL Ventures and Betaworks. Also in the round were new investors kbs+ Ventures and Rand Capital Corporation. SocialFlow is developing social media marketing products.
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Online advertiser Metamarkets has made two new appointments. Jeff Epstein, former chief financial officer of DoubleClick, is joining the Metamarkets board of directors and Adam Smith, former Google ads product manager and partner at AOL Ventures, is the new vice president of product.
Vungle, a company that helps mobile developers promote their apps through video trailers, has raised $2 million. Investors include Google Ventures, AOL Ventures, Crosslink Capital and angel investors Charles Hudson’s SoftTech VC, Ron Conway’s SV Angel, Dave McClure’s 500 Startups, Maynard Webb, Scott McNealy and Tim Draper. PRESS RELEASE Vungle, a new company that helps [...]
TastemakerX has raised $1.8 million in funding. Investors include Guggenheim Partners, Baseline Ventures, True Ventures, AOL Ventures and Tekton Ventures. The company has also attracted Internet and music industry advisors John Battelle, Marc Geiger, Ian Rogers, Paul Bricault and Ted Rheingold and angel investors Andrew Anker, Mich Mathews, Michael Kassan and Mike McGinley. TastemakerX is [...]
OpenX Technologies, a global provider of digital advertising technology, has appointed senior online advertising industry executive Eric Rosenthal as general manager of the company’s enterprise business. OpenX Technologies is based in Los Angeles and is backed by investors including Accel Partners, Index Ventures, SAP Ventures, AOL Ventures, Mitsui & Co. Global Investment Presidio Ventures and [...]
Advertising technology company Appssavvy has raised $7.1 million in Series 1-A financing, the company announced Tuesday. Appssavvy previously raised $3.1 million from True Ventures, The New York Times Company and individual investors including Scott Kurnit, founder of About.com. The latest round comes from current investors and new investor AOL Ventures, the company said.
NewsCred has raised a $4M Series A led by FirstMark Capital with participation from Lerer Ventures, AOL Ventures and Advancit Capital. This is the website’s second institutional round. Last September, it raised a $750K seed round from FLOODGATE, IA Ventures and Naval Ravikant. All existing investors participated in the Series A financing. PRESS RELEASE Later [...]
NewsCred said it raised a $4 million Series A round of funding led by FirstMark Capital and joined by Lerer Ventures, AOL Ventures and Advancit Capital. The company said the funding closed last month. It also said that last September it raised a $750,000 seed round from FLOODGATE, IA Ventures and Naval Ravikant, all of [...]
RRE Ventures led an $8 million Series A round for Sailthru, the company announced Tuesday. Designed for publishers and e-commerce companies, Sailthru’s technology automatically tailors email, web and advertising content to unique users. Also participating in the round were AOL Ventures, DFJ Gotham Ventures, Hatteras Funds, Lerer Ventures, Pilot Group, and Thrive Capital. The company has raised a total of $9 million to date. The money will help Sailthru bolster its staff and fund growth in the e-commerce, flash sales and publisher markets.
After tech blogger extraordinaire Michael Arrington announced yesterday that he launched a new venture fund, the blogosphere exploded with questions about conflict of interest. Specifically, how could Arrington remain editor of TechCrunch and write impartially about companies that he had backed with his new $20 million CrunchFund? AOL CEO Tim Armstrong initially dismissed the concern, [...]