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Earlybird Venture Capital has closed a $6 million Series A funding in Videdressing.com, a social marketplace dedicated to fashion. Earlybird, DN Capital and Piton Capital co-led the round and were joined by Generis Capital.
German online shop for everyday baby products windeln.de has completed a new round of financing. The funding was raised from existing investors DN Capital and Acton Capital Partners with new investors MCI and 360 Capital Partners joining the investor group. DN capital and MCI co-led this round.
Early stage growth investor DN Capital has reached a first close on its new fund, GVCIII. The first close comes on the back of exits including the sale of Endeca to Oracle, the sale of Apsmart to Thomson Reuters and the sale of Datanomic to Oracle.
Performance Horizon Group, a provider of performance marketing technology, has attracted a second round of venture capital funding led by Greycroft Partners and existing investor DN Capital. PHG also welcomes John Taysom and Tom Buehlmann to its board. Established in May 2010, PHG is the latest venture of Malcolm Cowley and Paul Fellows, founders of [...]
Social gaming company Digital Chocolate Inc. has closed on a $5 million venture loan from NXT Capital‘s Venture Finance Group. The company, based in San Mateo, Calif., is backed by investors including Sutter Hill Ventures, Intel Capital, Bridgescale, DN Capital, Outlook Ventures and Greenspring Associates.
Shazam said Wednesday it raised $32 million in new funding in a round led by Kleiner Perkins Caufield & Byers and Institutional Venture Partners. Existing investor DN Capital participated. The investment will be used to support the company’s continued growth and the development of Shazam’s app for mobile commerce as it expands into television with [...]
Shazam has raised $32 million in a new funding round co-led by Kleiner Perkins Caufield & Byers and Institutional Venture Partners. Existing shareholder DN Capital also participated in the round. The money will help Shazam continue development of its real-time discovery and sharing application, with plans to expand into television with “Shazam for TV.”
The Latin American social network — which is headquartered in Buenos Aires and comes in English, Spanish and Portuguese — says it will expand in Brazil and add new products. So far it claims 43.8 million users, most of them outside the U.S. The new money is an extension of a $4.3 million first round raised 18 months ago from DN Capital and individual investors.
In a refreshing change from American social networks, Sonico has made privacy a core part of its site. Users can set up separate profiles for friends and family, business associates and the public — “focused in the connection, not in the exposition” is the way the Web site puts it. Sonico also claims to moderate content to “make sure that information posted on the network is accurate and appropriate.”
Last year Connie Loizos caught up with one of Sonico’s investors — Stephan Paternot, whose great grandfather founded Nestle.