Editechial

Palm today announced that Elevation Partners has agreed to make an additional $100 million equity investment in Palm. Under a definitive agreement reached today, Elevation will increase its investment in Palm by acquiring newly issued Series C preferred stock that is convertible into Palm common stock at a price of ...

LucidMedia, an online contextual display advertising platform and meta-network, today announced several milestones surrounding its continued growth, inclusive of the completion of $8.8 million in funding, including the value of converted debt, to support the launch and expansion of LucidMedia’s contextual advertising network; the opening of a New York City ...

Zuberance, the leading provider of on-demand customer sales force software, today announced that it has raised $4 million in Series A funding from Emergence Capital Partners, the leading venture capital firm focused on early and growth-stage technology-enabled services companies. Gordon Ritter, general partner of Emergence Capital, joined Zuberance’s board of ...

Gnip, an on-demand extensible messaging solution that is trying to standardize the way companies access and integrate the web’s data, today announced that it has closed a second round of financing. The investors in this $3.5 million round include Foundry Group, First Round Capital and SoftTech VC, all of whom ...

Eventful announced that it has raised $10 million from lead investor Telefónica and existing investors, Draper Fisher Jurvetson and Bay Partners. Eventful says that they will use the capital to extend its leadership position in the local events space through expanding sales and marketing, increasing its lead in the ...

Twofish announced this week that it has secured a second round of funding to build out its exclusive Digital Resource Planning (DRP) solution, Twofish Elements. Elements is an economic infrastructure that unifies banking, inventory and commerce systems of online entertainment companies, allowing them to increase profits, better engage customers, and ...

Challenge Games, developer of the popular online fantasy game Duels and the new fantasy baseball and card collecting game Baseball Boss, announced it has secured $10 million in Series B funding. The round is being led by Globespan Capital Partners with participation from Series A investor Sequoia Capital as well ...

Big Fish Games announced that it closed an $83.3 million common stock financing from Balderton Capital, General Catalyst Partners and Salmon River Capital. Big Fish Games said that they intend to use the new capital raised to accelerate its global expansion.

magnify360, a leader in content personalization and conversion optimization, today announced the closing of the Company’s first round of venture capital investment led by MHS Capital with participation by industry veterans who have also made successful investments in Blue Lithium (Yahoo!), Right Media and BetterPPC.

For all the readers out there who write the nasty emails to me every time I say that the tech industry is currently in a bubble, I think I may have some proof. Valleywag rescued a deleted blog post written by Sarah Carey. Carey moved to Palo Alto and ...