Editechial

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 ...

Gaia Online, the leading online hangout for teens, today announced an $11 million Series C round of venture funding from Institutional Venture Partners (IVP). At a time when eMarketer is predicting the number of teen internet users visiting virtual worlds will jump from the reported 8.2 million users in 2007 ...