SocialFlow Raies $10M From Fairhaven, SoftBank, RRE, AOL, Others

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.

Former DoubleClick CFO Joins Metamarkets Board

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 Attracts Funds From Google, Aol, Crosslink and Others

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 Raises $1.8 Mln

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 Recruits Online Advertising Exec

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 […]

Appsavvy Raises $7.1M

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 The latest round comes from current investors and new investor AOL Ventures, the company said.

NewsCred Raises Series A

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 Gets $4M From FirstMark, Lerer, AOL, Others

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 […]

Sailthru Closes $8M Series A

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.

What’s Arrington’s New Role at TechCrunch? AOL Can’t Get Its Story Straight

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, […]

Slideshow: Welcome to the Family, Motorola!

Google’s latest and greatest acquisition is its $12.5 billion buy of Motorola, incorporating into its stable a major handset maker and patent library that transcends the company’s long-held advertising and search business model. But how many other sectors is the search giant planning to enter? Well, just take a look at Google Ventures’ portfolio, and […]

Crittercism Raises Round From Kleiner, Google, Shasta, Opus, AOL

Crittercism said Tuesday it raised a round of funding from Kleiner Perkins Caufield & Byers, Google Ventures, Opus Capital, Shasta Ventures, and AOL Ventures. The San Francisco startup has developed a platform for diagnosing problems with mobile apps. Financial terms were not disclosed. PRESS RELEASE Crittercism Attracts Top VCs for Mobile Support Infrastructure SAN FRANCISCO […]

OpenX Technologies Closes $20M Series D

Los Angeles-based OpenX Technologies Inc., a provider of digital advertising technology, has closed $20 million in Series D funding to bring its total raised to more than $50 million. SAP Ventures led the round with the participation of additional new investors AOL Ventures, Mitsui & Co. Global Investment and Presidio Ventures, the investment vehicle of Sumitomo Corp. Existing investors Accel Partners, Index Ventures and DAG Ventures also participated in the round. As a result of the round, a representative from SAP Ventures will take a seat on the company’s board of directors.

SeedStart Media 2011 Taking Entrepreneur Applications

NYC’s entrepreneur and venture scene is getting another boost. Investors and companies including AOL Ventures, Comcast, Hearst, MTV Networks, News Corporation, Time Warner, Vivendi, NY Tech Meetup, Silicon Valley Bank and New York University are joining together to establish a summer program for tech companies. Ten startups will be invited to NYC for a 12-week program beginning in June. For more information about SeedStart Media 2011, visit

AOL Ventures: The Place for “Manifest Destiny”

New AOL chief executive Tim Armstrong just finished speaking here at the Fortune Brainstorm Tech conference, and gave a bit more color on the reinvigorated “AOL Ventures” initiative.

Sounds like AOL Ventures will basically be a bifurcated program. On the one hand, it will be used like a traditional corporate VC arm, investing in companies that AOL believes could be of eventual strategic value. Or, as Armstrong puts it: “AOL Ventures is not as much a strategy as a membrane around the company to bring in innovation.”

Of greater interest, AOL Ventures also will be where the company puts past strategic acquisitions that have not yet worked out. Kind of a way station of sorts, with companies given a P&L and then left to chase their

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