Thumbplay Secure $18 million in Funding

Author: Steven Finch of http://www.crenk.com | Funding

Direct-to-consumer mobile content service Thumbplay scored $18 million in Series E financing from rookside Capital Partners, the public equity affiliate of Bain Capital, and Cross Creek Capital, a private equity affiliate of Wasatch Advisors. Thumbplay is behind the mobile content sales for Internet portals like AOL and MSN, as well as offering a [...]

Adconion Get Largest Ever European Online Media Venture Funding

Author: Steven Finch of http://www.crenk.com | Funding

It has been reported over at 901am that Adconion, an online advertising network, has secured the largest financial funding of an online media venture in European history. The investment of $80 million was led by Index Ventures, who were joined by existing investor Wellington Partners, and represents the first investment made from Index’s recently announced [...]

Glam Media Raise $85 Million in Financing

Author: Steven Finch of http://www.crenk.com | Funding

It has been reported by the WSJ and Techcrunch that Glam Media has just taken $85 million in financing. To-date Glam has raised over $115 million over four rounds. Investors included Hubert Burda Media, GLG Partners, Duff Ackerman & Goodrich, Hercules Technology Growth Capital, Accel, Draper Fisher Jurvetson and Information Capital. The valuation, as expected, [...]

Mixx Takes $2 Million In Series B Funding

Author: Steven Finch of http://www.crenk.com | Funding

Mixx has just announced that they have taken $2 million in Series B funding from InterSouth Partners. Mixx is a user generated content system, similar to Digg, Reddit and Propeller. Total funding to date is $3.5 million, in which they have high profile investors on board, such as the LA Times.

Kindo Secures Additional Seed Funding from ASI

Author: Steven Finch of http://www.crenk.com | Funding

London-based family tree social network Kindo today announced a round of funding from Ambient Sound Investments (ASI). The Estonian investment company joins seed investors Saul and Robin Klein of The Accelerator Group (TAG), and Stafan Glanzer, the initial investor of Last.fm.
Users can build their own free family tree, invite whoever is a part of it, [...]

Funding For Box.net and Automattic

Author: Steven Finch of http://www.crenk.com | Funding

Box.net has raised $6 million in a Series B financing led by venture capital firm U.S. Venture Partners, and includes Box.net Series A investor Draper Fisher Jurvetson. The capital will be used to continue company expansion, including the development and marketing of new services and products.

The New York Times reports that Automattic, the commercial arm [...]

Funding: Mogulus, PubMatic and JobFox

Author: Steven Finch of http://www.crenk.com | All Posts, Funding

Mogulus LLC is a New York-based company started by Max Haot and is developed from a back office in Bangalore, India.  Mogulus also has a partnership with Podtech founder and power-blogger, Robert Scoble.  Mogulus has raised $1.5 million from private angel investors according to their official blog.  The total funding for Mogulus is currently at [...]

Snooth Picks Up $1 Million in Funding

Author: Steven Finch of http://www.crenk.com | All Posts, Funding

Snooth has just announced today that they have received $1 million in angel round funding. Previously they have received $300k in December 2006.
Snooth is a very well presented social shopping site based around the wine industry. The site has a recommendation engine that works in a similar style to last.fm, they break down all of [...]

The Rubicon Project : How Can I Get My Invite

Author: Steven Finch of http://www.crenk.com | All Posts, Funding

I was read ShoeMoney yesterday and he reviewed a new advertising product that I had to mention on here.

Welcome to the Rubicon Project. The Rubicon Project is a new product that has already received $6 million in funding and is based around the very competitive market of online advertising. About a year ago I had [...]

Funding Corner

Author: Steven Finch of http://www.crenk.com | All Posts, Funding

So far in the last week there seems to be a lot of companies receiving funding and here are a few:

Revolution Money - Raised $50 million. Investment comes from Citi, Morgan Stanley and Deutsche Bank.
Demand Media - Raised $100 million. Founded by the former CEO of Intermix Media, Richard Rosenblatt, Demand Media is in the [...]