Venture Capital Update

Serious raises $14 Million for their “cards”. Serious Inc. raised a total of $14 Million lead by Greenhill SAVP. What does Serious Inc. do? The company sells iCD-Cardz and DVD-Cardz, web 2.0 baseball and trading cards. Who Invested? Funding was provided by Greenhill SAVP and North Hill Ventures. What will they use this funding for? [...]

A raise of $2.9 Million for Vizu? Vizu received $2.9 Million lead by Draper Fisher Jurvetson. What is Vizu? Vizu offers a do it yourself research network offering polling and primary research by making it easy and fast for those wanting information while creating an entirely new way to monetize web page views for publishers. [...]

Will $13 Million help? Depends on the terms and what they intend to do with it. What does Zing Systems do? Zing systems creates software and services to power portable entertainment devices. Devices using Zing have a distinct advantage over most, you do not need to connect them to a computer. Who Invested? IDG Ventures [...]

Divvio Raises Over $3 Million From what we have read we understand the raise to be over $3 Million (seed funding) and from angel investors including previous Yahoo executives. What does Divvio do? As the Divvio site is just being launched, what we gather from their ‘about page’ they state “By creating personal channels, you’ll [...]

If $10 Million makes you smile, what about $12.8 Million? LinkedIn raised $12.8 Million in their third round of funding. What is LinkedIn? LinkedIn is an online business networking site. As of the writing of this article they have over 9 million professionals from around the world, representing 130 industries. Who Invested? Bessemer Venture Partners [...]

Why are those at Wikio happy? They just received their first round of funding, to the tune of $5.3 Million. What is Wikio? Wikio is a personalized page of news, including a news search engine that searches media sites, blogs and member publications. Who Invested? Lightspeed Venture Partners and Gemini Israel Funds invested in this [...]

Why are those at myYearBook so happy? They just raised $4.1 Million in Series A funding. What is myYearBook? A social network for teens, with a twist – this one was created by teens Catherine Cook and Dave Cook. Who Invested? Investors were U.S. Venture Partners (USVP) and First Round Capital. What will they use [...]

Would finalizing part II of your A round make you smile? Mobidia has raised Cdn$3.75 Million, which they state is also part of their Series A round that was raised at an earlier date, bringing the total to Cdn $7 Million. What is Mobidia? Mobidia develops mobile technologies that drive increased usage of multimedia content [...]

Why is Meebo so happy? Hmmm, maybe due to a recent infusion of $9 Million dollars? What is Meebo? Meebo is a website for instant messaging from absolutely anywhere. Who Invested? This second round was funded by Draper Fisher Jurvetson (DFJ), along with Sequoia (who funded their first round). What will they use this funding [...]

Why is Jim Conning smiling? He has 11 Million reasons. What is Piczo? An online social network that provides a safe and creative environment for teen self-expression. Who Invested? U.S. Venture Partners and Mangrove Capital Partners both invested in this Series C round. What will they use this funding for? From a press release they [...]