October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Funding
Zynga Now at $10B Valuation In New Round of Fund Raising
We reported earlier this week that the gaming company Zynga could be up to a value of $9 billion. Well, it looks like they topped that with reports that they've raised enough to be valued at $10 billion. They've just finished a round of funding amounting to almost $500 million, according to All Things Digital. The company, which made the popular Farmville and... Read more »
Receiving $17M in Funding, Social Media Software Firm Plans Major Expansion
Thanks to $17 million recently offered to Vitrue, the social media publishing platform for businesses is planning to take its app and tab-based services global. The investors, Scale Venture Partners and Advent Venture Partners will join Vitrue's current trio of investors, including Comcast Interactive, Dace Ventures and General Catalyst Partners. Vitrue has... Read more »
Zynga Investment Talks Value Company at Over $7B
Hugely popular social gaming company Zynga is in talks with potential investors regarding a $250 million funding round that places its value at between $7 billion and $9 billion, according to a report by The Wall Street Journal. Zynga, the firm behind hit Facebook games such as “FarmVille” and and “Mafia Wars”, has already raised around $360 million from... Read more »
Kleiner Perkins Picks Up Stake in Facebook at $52B Valuation
Venture capital firm Kleiner Perkins Caufield & Byers has slipped in under the radar to start the process of picking up a $38 million stake in Facebook. According to Venture Wire, the investment values the social media behemoth at around $52 billion which, while considerably higher of the $50 billion estimate during its December $1.5 billion funding round,... Read more » UberMedia Hauls in $17.5M After Completing Financing Round
Just last Friday we reported that UberMedia acquired TweetDeck for roughly $30 million. One weekend later, a financing round led by Accel Partners' Jim Breyer determined that UberMedia will be receiving investment funding. Current investors Steve Case from Revolution Ventures and Danny Rimer of Index Ventures joined in on the round with Breyer. Though the official... Read more » Andreessen Horowitz: VC Firm With Hands on Just About Everything
With this week's confirmation that Andreessen Horowitz snapped up $80 million worth of shares in Twitter via private secondary markets, the venture capital firm now has its paws on just about every major social media company out there. According to the Wall Street Journal, Marc Andreessen and Ben Horowitz now have holdings in Twitter, Facebook, group buying... Read more » Inigral Gets $2M from Bill and Melinda Gates Foundation
Inigral announced Thursday that they have secured $2M in funding from the Bill and Melinda Gates Foundation, which puts them at $4M in total so far. The funding is part of The Gates Foundation's ongoing commitment to improving education. Inigral develops the Facebook Platform Schools App which leverages Facebook to connect students and promote continuing higher... Read more »
Enterprise 2.0 Platform Podio Granted $4M in Series A Funding
After attracting the attention of 6,000 organizations, Podio, an Enterprise 2.0 company providing an app-based connected work platform, secured $4 million in Series A funding. Podio provides companies with tools to create a virtual infrastructure. The robust platform's tools include Activity Stream, Tasks, Apps, Calendars, Spaces and People. Within these... Read more »
Raptr Passes 6 Million Users & Secures $15M Funding
If my dinosaur history is correct, raptors didn't fly. But, Raptr, the social gaming network is soaring as it chomps up two major benchmarks. On Raptr's blog, the the gaming network stated that it hit the 6 million registered users mark and was bestowed $15 million funding in the same week. So, we may very well see a Raptr flying in the near future...in a private... Read more » SocialGO Secures Another $2.2M in Funding
Community building platform SocialGO announced they raised $2.2m in funding just before their impending launch of Version 2. "This funding will financially underpin the business and allow us to create a fantastic new platform as we move our businesses into it’s next phase," says Alex Halliday, CEO and co-founder. According to TechCrunch Europe, this is... Read more » 
