Funding Corner
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 business of buying domain names with organic traffic and adding social networking features to them. They also own domain registrars eNom and BulkRegister. Funding from Goldman Sachs, 3i Group, Generation Partners, Oak Investment Partners and Spectrum Equity Investors.
- Project Playlist – Raised $3 million. Investment was from undisclosed partners.
- Huffington Post – Raised $5 million. Investors included Softbank Capital, Greycroft Partners,Bob Pittman’s Pilot Group and CEO and co-founder Ken Lerer.
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