8 posts and columns on Baseline Ventures

News Byte

TasteMakerX Raises $1.8M for Mobile Social App Platform

in Social on February 8 at 3:00 am PT

TastemakerX, a San Francisco start-up that is developing a social mobile platform focused on “targeted taste graphs,” said it had raised $1.8 million in funding from a variety of venture firms, including Guggenheim Partners, Baseline Ventures, True Ventures and Tekton Ventures, as well as angel investors. The company said it will release its TastemakerX Music mobile app as a private beta in early March 2012.

No Longer a One-Man Shop, Read It Later Raises $2.5M

in Media on July 26, 2011 at 12:00 pm PT

The informatively named content-saving start-up Read It Later, which for most of its four years has been a one-man labor of love and ramen, has raised Series A funding of $2.5 million from Foundation Capital, Baseline Ventures, Google Ventures, Founders Collective and various angels.
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Instagram Raises $7M Led by Benchmark

in Social on February 2, 2011 at 9:08 am PT

The photo-sharing community Instagram this morning announced it has closed $7 million in a first-round funding led by Benchmark Capital’s Matt Cohler.

DocVerse–Now Google Cloud Connect–Head Shan Sinha Talks About Web-Based Biz Apps

in News on January 14, 2011 at 4:00 pm PT

Shan Sinha headed the start-up DocVerse, which was acquired by Google in March for a reported $25 million to $30 million. Since then, he’s has been ferreting away on scaling up DocVerse’s product, which allows users of Microsoft Office documents to collaborate in real time on the Web, for the search giant. Its new name: Google Cloud Connect.

Q: How Much Did Formspring Just Raise? A: $11M.

in Social on January 11, 2011 at 9:01 pm PT

Formspring has raised a Series A round of $11.5 million led by Redpoint Partners. And it’s also releasing a self-service product for publishers called “the Respond button.”

Salesforce Acquires Hosted Apps Platform Heroku

in Enterprise on December 8, 2010 at 6:55 am PT

A day after launching a hosted database service, Salesforce.com announced this morning that it will pay $212 million in cash for the privately held Heroku, a hosted service for applications written in Ruby on Rails.

Confirmed: Google Acquires DocVerse in Office Faceoff With Microsoft [UPDATED]

in News on March 5, 2010 at 11:12 am PT

Continuing its acquisition spree, Google has snapped up DocVerse, a start-up that allows users of Microsoft Office documents to collaborate in real-time on the Web, several sources said. Sources said the price was in the $25 to $30 million range. It’s yet another shot across Microsoft’s software bow by Google, so the brewing war over the cloud between Google and Microsoft just become a lot more interesting.

Investors Bet $5 Million on Casual Game Site OMGPOP, Hope Users Start Paying Up

in Media on March 10, 2009 at 4:00 am PT

Web start-ups that plan to make money from advertising are having a rough time raising money. But Web start-ups that say they’ll do it by charging customers something? Still possible. Today’s example: OMGPOP, the casual gaming site formerly known as iminlikewithyou, which has raised a $5 million in a round led by Bessemer Venture Partners.
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