October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Funding
Spotify Raises $100M In Funding, Now Valued At $1B
Spotify, the Swedish music streaming service, has raised $100 million in a round of funding that closed this week. The round, which the company had been working on for over 6 months, saw participation from DST, Kleiner Perkins and Accel. While there is no mention of how the new money will be spent, Spotify has been working on a number of projects that might see... Read more » Kids Network Everloop Raises $3.1M In Funding, Announces New Hires, New Features
Everloop, a social network for kids under the age of 13, has raised $3.1 million in seed funding. Those who participated in the round included vFormation, Band of Angels, Envoi Ventures, Richard Chino, Wayne Goodrich of Apple and Deena Burnett-Bailey of Angels of Hope. If you're not familiar, Everloop is a social startup for users who are too young for Facebook.... Read more » INFOGRAPHIC: The Current State Of Venture Capital Funding And Startups
The recession might have hit hard in many industries, but some will argue that the world of tech startups is stronger than ever. With the boom of major social networks like Facebook, Twitter and LinkedIn, many venture capitalists are placing their investments in up-and-coming social networks and tech companies. Following a dip in 2008 and 2009, investment activity... Read more » UberMedia Snags $5.6M In Latest Funding Round
UberMedia, a company that provides third-party clients for Twitter and other social networking platforms, announced Thursday that Burda Digital through DLD Ventures has invested $5.6 million into the company in a new round of financing. The investment will be used to grow UberMedia's user base in both the U.S. and internationally. UberMedia — which owns mobile... Read more » Wooga, Berlin-based Facebook Game Developers, Receives $24M In Funding
Berlin-based social gaming company Wooga has announced that it received $24 million in Series B funding. The round was lead by Highland Capital Partners with participation from Tenaya Capital and existing investors Balderton Capital and Holtzbrinck Ventures. For those of you who are unfamiliar, Wooga is a social game developer that was founded in 2009. Their games... Read more »
Kabam Raises $85 Million, Plans To Create The Zynga Of Hardcore Gaming
Kabam, the game developers behind the hit Facebook games Glory of Rome and Dragons of Atlantis, has announced that it raised $85 million in series D funding bringing their total amount of funding to $125 million. The round was lead by both Google Ventures and Pinnacle Ventures. Performance Equity and SK Telecom Ventures provided additional funding with Kabam's... Read more »
Twitter Kicks Off #Devnest Conference, Reveals Massive Growth Of Company
Thursday marked the start of Twitter's #devnest conference in San Francisco. The event was open to 200 developers (each allowed a +1) and offered an intimate setting where Twitter boasted about some awesome stats regarding funding, developments and their growing brand. The event, which was based on the Devnest conference originally held by UK developers Angus Fox... Read more » BranchOut Raises $18M In Funding, Launches Facebook Jobs Tab
BranchOut, the largest professional networking service on Facebook with over 20 million users, has raised $18 million in a recent round of venture capital funding led by Redpoint Ventures. In September the company raised $6 million from several of Silicon Valley's most prominent angel investors as well as Accel Partners, Norwest Venture Partners and... Read more » New Social Gaming Studio Row Sham Bow Raises $3M In Funding
Row Sham Bow, a new gaming studio focused on social gaming, raised $3 million from early stage venture capital firm Intersouth Partners. The studio was formed by veteran game developers. Its two founders President & CEO Philip Holt and Chief Technology Officer Nick Gonzalez both served in top positions at Electronic Arts Tiburon. Holt has 18... Read more »
Disqus Celebrates 4th Birthday With $10M Funding, 35M Users