Venture Capital Update : Week of June 2nd to June 8th 2008

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Infopia Received $12 Million for their SaaS eCommerce Platform
Sonico Received $4.3 Million for a Latin American Focused Social Network
LiveU Received $9 Million for Live Video Transmission over Mobile Networks
NileGuide Received $8 Million for Travel Planning Guide
ChipIn Received $5.1 Million for their Money Raising Application

Veoh Receives $30 Million for Downloadable Videos
IP Commerce Received $17 Million for eCommerce Development Tools
Zannel Received $10 Million for Mobile Multimedia Sharing
Opposing Views Received $1.25 Million for a Site Highlighting Opposing Views

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