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Entries from January 2008

hi5 Pulls in $15M - in Venture Debt Financing Led by Hercules Technology Growth Capital

January 29th, 2008 · 1 Comment

hi5 (San Francisco, CA) which is one of the most popular social networks out there (#8 Globally according to Alexa), just raised additional capital but in the form of debt. The transaction which was led by Hercules Technology Growth Capital who clearly sees value in the international application of hi5 which while it claims […]

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Tags: New Funds · Venture Debt · social networking

Turkish Social Network Site Yonja Pulls in $12.5M Series A Led By Greywolf Capital

January 29th, 2008 · No Comments

Yonja (San Francisco), which is by far the largest Turkish social networking site pulled in a hefty Series A round of $12.5M led by Greywolf Capital and Tiger Global Management. The parent company of Yonja, Yonja Media Group, has been pretty active launching products geared towards the Turkish demo with sites like MetroListe.com (a […]

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Tags: Angel Finance · Series A Financing · Venture Capital · social networking

Votigo Raises $1.26M in Initial Funding Led By Headwaters Capital

January 29th, 2008 · No Comments

 Votigo (Oakland, CA) has pulled in $1.26 in its initial round of funding led by Headwaters Capital.  The company has created an online social media platform that aims to helps marketers engage their customers through the use of user-generated content, branded social-networking communities, contests and promotions.  Each one of their categories offers contests (i.e. Fat […]

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Tags: Angel Finance · New Funds · Venture Capital · social networking

Big Tent Rakes in $5M in Series A from Menlo Ventures

January 28th, 2008 · No Comments

 Big Tent (San Francisco, CA) has landed $5M in Series A led by Menlo Ventures with participation from Mohr Davidow Ventures (who recently invested in Visible Measures).  The company prides itself on being a social networking site for families, group and neighborhoods - very community driven similar to the groups you see in Facebook etc but […]

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Tags: New Funds · Series A Financing · Venture Capital · social networking