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Entries from February 2008

Magnify.net Secures $1M in Series A For User Broadcasting

February 28th, 2008 · 1 Comment

Magnify.net (New York, NY) announced that it has secured its first round of funding which included investors from the New York Angels, Next Stage Capital, Rose Tech Ventures, Active Angel Investors, Ogden Capital, Gideon Gartner and Chris Anderson (Author of The Long Tail).
The company has developed a creative way to aggregate user generated videos and […]

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Tags: Angel Finance · Venture Capital · Video · social networking

SoCal Brimming with VC Opportunities

February 27th, 2008 · 1 Comment

There was a very interesting Op-ed piece in VentureBeat written by Sumant Mandal who is managing director at Clearstone Venture Partners in Santa Monica, Calif.  Clearstone is a firm whose recent transactions we have covered (ThisNext, Rubicon Project and SoonR to name a few).
There’s no doubt that California is regarded as the “mecca” of venture […]

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Tags: Raising Money · State of Venture · Venture Capital

Yelp! Raises $15M in Series D Round Led by DAG Ventures

February 27th, 2008 · No Comments

Yelp! (San Francisco, CA) is about to announce its latest round of funding for $15M led by DAG Ventures (Duff Ackerman & Goodrich) according to TechCrunch.  The company which has created one of the more successful local review sites has started to post some very significant numbers so far this year in terms of traffic […]

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Tags: New Funds · Series D Financing · Venture Capital

Start-Ups and the Drama of Real Life

February 27th, 2008 · 2 Comments

Dow Jones VentureWire had a great story which was written by Ty McMahan which gave a great perspective of the life of a start up and the ensuing drama.  The article also discusses the funding of a company we covered here called Earth Class Mail. 
Ty reports, “While watching “Start-Up Junkies,” my weekly dose of VC […]

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Tags: Angel Finance · Raising Money · Venture Capital