Social Casino Game Co Secures Further Funds

Playsino, a social casino game publisher on social networks and mobile platforms has secured $1.5 million funding. Investors in the round included Singapore-based IDM Venture Capital; Los-Angeles based Pacific Capital Group; Santa Monica venture capital firm Siemer Ventures and several angel investors such as Jordan Simons, managing partner and co-founder of merchant bank GCP and […]

Intel Leads $4M Xfire Round

Xfire, the social gaming service, got $4 million in VC backing from Intel Capital. In conjunction with the financing, Xfire has also strengthened the executive team by adding Mark Donovan as President, Juston Brommel as Chief Marketing Officer and Autumn Radtke as Director of Business Development. Xfire was acquired by Titan Gaming from Viacom in August 2010. With this round of financing, Xfire has split from Titan Gaming to operate independently. Xfire is already backed by several prominent angel investors, including Tomorrow Ventures, Clearstone Venture Partners principals William Quigley and Jim Armstrong, PriceGrabber co-founder Kamran Pourzanjani, and MP3.com founder Michael Robertson.

Rewind: A Quick Look at Friday’s Posts


* Poll: Most Believe Market Turmoil Is Only ‘Temporary Setback’ For IPO Candidates, by Lawrence Aragon
* peHUB Second Opinion 08.12, by Luisa Beltran
* This Week’s Top 10 HUB Posts Focus on Market Turmoil, Fund Performance and Silicon Valley’s ‘Undertaker’, by Lawrence Aragon
* Slideshow: A Slowdown for Most Active VC Firms in July, by Alastair Goldfisher
* Value of PE-Backed Tech M&A Jumped 60% in Q2, by Luisa Beltran
* Jay Jordan: Re-Install Glass-Steagall, China’s Dangerous Shadow Banking System, S&P’s Credibility and Other Ruminations , by Bernard Vaughan
* VCJ Report: Photo Shopping, by Alastair Goldfisher
* NY Life Capital Raising $1B Fund For Mezz, by Steve Bills
* Life Sciences Venture Investing Represents 7th Best Quarter On Record, But All Is Not Blue Skies, by Mark Boslet
* Market Downturn Is Good if It Makes VCs More Selective About Companies They Take Public, by Lawrence Aragon
* Dealtalk: Crisis May Scuttle $2B+ in Euro M&A Fees, by Victoria Howley and Simon Meads, Reuters
* Schmidt’s Tomorrow Ventures Joins Others in BrightTag Funding , by Jonathan Marino
* Poll Results: John Doerr Is Ready for Reality TV, by Luisa Beltran
* Google, Facebook in Social Gaming Throwdown, by Alexei Oreskovic, Reuters
* Slideshow: Colorado PERA Top-10 Performing Funds Since 1982, by David Toll
* peHUB First Read, by Jonathan Marino

Schmidt’s Tomorrow Ventures Joins Others in BrightTag Funding–CORRECTED

Eric Schmidt’s Tomorrow Ventures teamed with EPIC Ventures and New World Ventures to provide Salt Lake City, Utah Chicago-based online marketing software developer BrightTag with a $5 million Series B investment, bringing the company’s total funding to $8 million after two rounds of funding.

I2A Ventures also participated in the transaction; the round was co-led by EPIC Ventures and New World Ventures. The news was first reported by the website AdAge Digital….

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PixelFish Nabs $4M Led By Bullpen Capital

Online video and marketing company PixelFish has grabbed $4 million in fresh capital, in a round led by Bullpen Capital. Existing shareholders Floodgate and Mack Capital, along with new investors Tomorrow Ventures, 500 Startups and Western Tech also joined in the round. Calif.-based PixelFish will use the money to continue development and to bolstering its sales and marketing efforts.

CX Acquires File Sharing Service FileDen

CX, a Palo Alto-based startup that sells cloud storage and file management services (CX is short for “Cloud Experiences”), has acquired the online file sharing service FileDen. Financial terms of the acquisition were not disclosed. CX acquired FileDen from MyCloud Holdings, based in Vancouver. CX is backed by Hanna Capital and Tomorrow Ventures. The firm […]

Ciqual Closes on New Financing

Ciqual, an Edinburgh, Scotland, based provider of mobile broadband customer service products, has raised an undisclosed amount of venture financing. Investors include Palo Alto, Calif.-based Tomorrow Ventures, Indian telecom company One97 Communications Limited, and Scottish investors Par Equity and the Scottish Investment Bank. The latest round will be used for sales, marketing and distribution.

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