Capital Chaos

 Crains reported today that a new Illinois-based venture capital fund for start-up firms announced Monday that it has invested in its first three companies — two in technology and one in consumer products.
The Illinois Innovation Accelerator Fund, which recently achieved its $10-million goal in capital commitments, chose Viewpoints.com in Chicago, One Llama Media Inc. of […]

[Read more →]

FriendFeed, the social feed aggregator, is finally our of beta and open to the public with a fresh round of funding.  Most of this Series A was invested by the founders, - ex-Googlers (AKA Google Mafia) Paul Buchheit and Sanjeev Singh but also included Benchmark Capital loot. 
The concept of FriendFeed is pretty cool in that […]

[Read more →]

Glam Media (Brisbane, CA) reported that they have finalized their fourth round of funding for $85M of which $65M is in cash and another $20M in venture debt.  This all comes on top of the already $30M raised over the past four years that Glam has been around.
This latest round included a slew of investors […]

[Read more →]

Tiny Pictures (San Francisco, CA) just locked in $7.2M in a Series B round led by Draper Fisher Jurvetson .  This latest investment comes on the backend of a Series A round of $4m led by Mohr Davidow which also participated in this latest round. 
The mobile photo-sharing company offers a service called Radar which lets […]

[Read more →]