Venture Capital Update Blog

Last week I was surprised by the number of fundings in the Internet and New Media space. This week there were even more. However I was pleasantly surprised by what I considered to be the quality of the fundings, these are all very interesting.

Week of January 28th, 2008

• Like.com Received $3.3 Million for a Virtual Shopping Engine
• Votigo Received $1.26 Million for User Generated Promotions Network
• ThisNext Received $5 Million for Social Shopping Recommendation Site
• WonderHowTo Raised Undisclosed Amount for How-To Video Search
• Standout Jobs Receives $2 Million for Web 2.0 Recruiting
• 7digital Raises $8.5 for Music and Video eCommerce Site
• TubeMogul Raises $1.5 Million for Video Analytics
• Nexage Received $500k for Hosted Mobile Video Solutions
• MocoSpace Received $4 Million for a Mobile Social Network
• Widgetbox Received $8 Million for their Widgets
• Mig33 Received $13.5 Million for a Mobile Social Network
• Etsy.com Received $27 Million for Hand Made Crafts eCommerce Site
• StyleFeeder Received $2 Million for Personal Shopping Engine
• Visible Measures Received $13.5 Million for Video Audience Tracking
• Mainstream Holdings Received $29.6 Million for Social Network Moli
• ShoZu Received $12 Million for Connecting Mobile to Social Networks
• Rubicon Project Raises $21 Million for Ad Optimization Network

It seems like that last three weeks of January 2008 I have seen a tremendous increase in the Internet and New Media fundings space. The week of January 14th I reported on 12 and this previous week, the week of January 21st I reported on 16, see below.

Also last week, Slide had a reported $500 million valuation when they took in $50 million, very impressive. See a short list of fundings below, the main Venture Capital News page has all the stories in detail and the most recent Venture Capital Podcast was released.

The previous weeks fundings, January 21st to 27th, 2008, in the Internet and New Media space.

• DesiHits! Received $5 Million for South Asian Entertainment Portal
• Inform Received $15 Million for Spreading News
• GoldSpot Media Received $3 Million to Insert Ads into Mobile Broadcast TV
• Conduit Received $8 Million for a Community Toolbar
• ActiveRain Received $2.5 Million for Real Estate Social Network
• IGA Worldwide Received $30 Million for In-Game Advertising Network
• HealthCentral Network Received $50 Million for Health Sites
• Ooyala Received $8.5 Million for Video Advertising and Analytics
• Adchemy Received $19 Million for Online Customer Acquisition Technology
• IMMI Received $25 Million for Media Measurement
• Box.net Received $16 Million for an Online File System
• Covario Received $16 Million for Interactive Marketing Analytics
• Automattic Received $29.5 Million for WordPress and More
• AdInfuse Received $12 Million for Personalized Mobile Advertising
• MixerCast Received $6 Million for Social Media Tools
• Quantcast Received $20 Million for Audience Measurement