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 […]
Entries Tagged as 'Absurd Financing'
Glam Media Raises $85M - Well Short of Desired $200M it Was Shooting For
February 25th, 2008 · 1 Comment
Tags: Absurd Financing · New Funds · Series D Financing · Venture Capital · Venture Debt
MOLI Raises $29.6M!!! Led by Private Investors!
January 28th, 2008 · No Comments
Moli (West Palm Beach, FLA) just added $29.6M to it previous raise of $25M taking in a staggering $54.6M - all for a company that aims to use one account to manage all of your social networking profile information. Backers of this latest round include Home Depot co-founders Bernard Marcus and Kenneth Langone, and Vantis […]
Tags: Absurd Financing · Facebook App · New Funds · Series A Financing · Venture Capital · Video · social networking
PayByTouch Wants to Raise another $150M in 2008
December 18th, 2007 · No Comments
Under the category of utterly amazing, PayByTouch CFO Robert Sigler told investors yesterday on a shareholder’s conference call that the company plans to raise another $150M in 2008. Keep in mind, these guys have burned through $300M since 2004. What is even crazier about their fundraising capabilities is that somehow their CEO, John Rogers seems […]
Tags: Absurd Financing · New Funds · Venture Financing