Editechial

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 ...

The Company has and generates sufficient cash to meet its working capital requirements. In addition, in response to the uncertainty in the financial markets several weeks ago, Freedom Communications determined it was prudent to draw down on the balance of its revolving line of credit.

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 ...

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.

SOMA Networks, a Mobile WiMAX company that provides products and professional services, announced it has secured an additional $51 million of equity financing in an over-subscribed round. Investors include Daiwa Securities Group Inc., Daiwa Securities SMBC Principal Investments Co. Ltd., Ridgeway Capital Partners Ltd., and India Knowledge Fund, a private ...

We see so much money being placed in the online video space with very little differentiation in business models. Since we're in a gradually declining economy, it's nice to see some venture capital that is being raised for the performanced based marketing space. As long as Shopflick can ...

Riot Games has secured a $7M round of funding from Benchmark Capital and FirstMark Capital to finance development of its first title. Riot’s development is fueled by the passion of its founders, Brandon Beck, CEO, and Marc Merrill, President and Chief Marketing Officer. The two have brought together respected industry ...