Buzzed about Venture Capital

venture-wrap.jpg

It’s been a busy few days on the funding front — deals that entered the investment pipelines are popping up like flowers in a spring field at the moment. Here’s a snapshot:

* Buzzlogic, a social media influence software company based in San Francisco has not only been chosen by AlwaysOn Media as an AO Media 100 Top Private Companies, but they’ve also secured a Series A round of $9.6 million. The round was led by Adams Capital Management and included Ackerley Partners and Transcosmos.

* Boxxet, based in Burlingame, Ca this popular topic information site creator has raised $900k in seed funding from Ascend Venture Group.

* Music Nation, a New York company focused on independent music videos, has raised a first round of $5.5 million from Greylock Partners and Point Judith Capital.

* OKcupid, a dating site in New York has raised $6 million in angel funding, and a mobile dating service, Icebreaker, from Bellevue, Washington has secured funding from Lightspeed Venture Partners for Crush or Flush, its mobile version of Hot or Not.

* Brightcove has raised $59.5 million in a Series C round. The funding in this online video platform company which bills itself as an Internet TV company was led by AllianceBernstein, Brookside Capital and Maverick Capital and also included a bunch of others along with The New York Times Company.

* Millenial Media, a wireless advertising company based in Baltimore, MD has secured $6.3 million in a Series A round from Bessemer Venture Partners, Columbia Capital and Acta Wireless.

Charles Moldow, a General Partner at Foundation Capital, has written a great piece of advice for entrpreneurs considering their route to market titled VC to aspiring entrepreneur: Are you sure you want out money? in which he outlines the equity dilution principle vis a vis exit opportunities and urges would be investees to think hard about the path they choose.

Advertisements

One response to “Buzzed about Venture Capital

  1. Thanks for this rattling post, I am glad I detected this website on yahoo.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s