Capital Chaos

 WooMe (San Francisco, CA) the online video speed dating site, just secured a $3M bridge loan from Mangrove Capital Partners and Atomico (Niklas Zennstram - Founder of Skype, Kazaa).  The company which was just launched two-and-half months ago, has seen some significant growth during the period but the bridge loan is a bit odd at […]

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 ThisNext (Santa Monica, CA), the social shopping network, finalized $5M in Series B led by their Series A financiers Anthem Venture Partners and Clearstone Venture Partners.  The site offers users a creative way of recommending products and giving feedback on them which will hopefully translate into a sale.
This social shopping space will expand throughout the […]

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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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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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