Kara Swisher

Recent Posts by Kara Swisher

Video: Om Talks About $6 Million Giga-Funding

Yesterday, I slogged through the rain to the downtown San Francisco HQ of the GigaOM Network to visit with tech blogging pioneer Om Malik.

He just got $6 million more in funding, bringing the total for the tech news and research company to $15 million. Reed Elsevier Ventures is the newest investor, along with current ones, Alloy Ventures and True Ventures.

Malik, who founded GigaOM five years ago, is also a partner at True. He said he still owns a substantial stake in GigaOM after the funding, which apparently valued his company at $40 million.

GigaOM–which is better known for its popular tech news and analysis blog–will use the money to turbocharge its premium subscription service, called GigaOM Pro. That service charges $199 a year for deep-dive reports in areas including mobile, clean tech and cloud computing.

Here’s my video chitchat with Malik:


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus