REPORT: Klout Raises $30M At $200M Valuation

klout featured It seems that a change in how Klout determines your social influence score has not dampened investors' enthusiasm for the social influence measurement service, as it is said to have raised $30 million at a $200 million valuation. Kleiner Perkins has led the funding round, according to Business Insider, with participation from Institutional Venture Partners. In... Read more »

Zaarly Raises $14.1M In Funding, Adds HP CEO Meg Whitman To Board Of Directors

Flickr Social commerce platform Zaarly has announced it has closed a Series A $14.1 million funding round. The company has also added HP CEO and former eBay CEO Meg Whitman to its board of directors. The funding round was led by Kleiner Perkins and Sands Capital Ventures. Investors and VC firms including CMEA, Venture51, Crunchfund, Artists & Instigators and Marc... Read more »

Social Learning Company Grockit Closes $7M Funding Round

grockit-featured Social learning company Grockit has closed its $7 million Series D funding round. The round was led by Atlas Venture, a previous investor in the company. Returning investors Benchmark Capital and Integral Capital Partners took part in the round as did new investors NewSchools Venture Fund and GSV Capital. This brings Grockit's total funding to $24 million. Grockit... Read more »

Twitter Video-sharing Service Twitvid Raises $6.5M In Funding

Flickr Twitvid, a service that helps users share video on Twitter, has raised $6.5 million in Series B funding. The round was lead by Azure Capital Partners with participation from existing investor, Draper Fisher Jurvetson. Twitvid plans to use their funding to expand their team and develop their product and technology infrastructure. With the investment, Azure Capital... Read more »

Social Search Engine Blekko Raises $30M In Funding, Partners With Internet Company Yandex

blekko logo Social search engine Blekko has received $30 million in a round of funding from European Internet company Yandex, MLC Private Equity and existing investors U.S. Venture Partners, CMEA Capital and PivotNorth Capital. Blekko was founded in 2007 and launched to the public in November of 2010. It offers search results that are curated by users so content is more... Read more »

Tumblr Raises $85 Million In Latest Funding Round

tumblr featured Tumblr has closed an $85 million funding round. The round was led by Greylock Partners and Insight Venture Partners, with participation from the Chernin Group, Richard Branson, Spark Capital, Union Square Ventures and Sequoia Capital. Prior to this round being closed, Tumblr had raised a total of $40 million. According to The New York Times, Tumblr founder David... Read more »

HootSuite Closes $3M Funding Round, Acquires Twitter Analysis Tool TwapperKeeper

hootsuite update featured Social media management client HootSuite has closed a $3 million funding round and has acquired TwapperKeeper, a social storage and reporting tool used for Twitter analysis. HootSuite, which moved to a freemium business model last year, is now a profitable company. In order to accelerate its growth, it has raised $3 million in funding with participation from... Read more » Closes $7M Funding Round, Launches iPhone App

turntable iphone featured has confirmed that it has closed a $7 million funding round, details of which were initially revealed last month. The social music service has also launched its iPhone app in the App Store. Union Square Ventures led the funding round and Fred Wilson, a partner at the VC firm, is joining the board. Others who have participated in the round... Read more »

REPORT: Tumblr Raising $75M To $100M At $800M Valuation

tumblr office featured Tumblr is said to be in the middle of discussions to raise a new round of funding. The microblogging service is apparently looking to raise between $75 million and $100 million at a valuation of $800 million or higher. According to Business Insider, Tumblr is holding discussions with DST, Kleiner Perkins, Andreessen Horowitz and Sequoia Capital. Tumblr is focusing... Read more »

Empire Avenue Raises $1.2M, Adds Foursquare And Instagram Connections

foursquare-instagram Empire Avenue, the social stock market game, has announced that they've raised $1.2 million in a new round of funding. The round was lead by California-based Crosslink Capital with participation from Ben Narasin of Triple Point Capital, Jeff Lapin formerly of THQ and Kevin Swan and Dr. Boris Wertz of Wertz Media Ventures. Empire Avenue plans to use the funds to... Read more »
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