News Byte

Viddy Raises $30 Million in Series B Financing Round

Social video application Viddy has raised $30 million in venture capital in a Series B round of financing, the company announced on Friday morning. Investors in the round include NEA Ventures, Battery Ventures, Goldman Sachs and Vinod Khosla of Khosla Ventures. The additional funds come after an initial $6 million Series A raised in February, which was led by Battery Ventures and included Qualcomm and Greycroft Ventures.

Insight Leads $165 Million Round in Cloud-Based Energy Database Company Drilling Info

As the U.S. gets closer to energy independence, the investment around oil and gas exploration and the technology that helps get it done, are, well, gushing.
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Fab.com Acquires FashionStake After Seven Months of Rapid Growth

Fab.com, a New York-based flash sales site known for selling home decor, apparel and other items from independent designers, has acquired FashionStake.
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Angie’s List Jumps Quickly in IPO Debut

Angie’s List, the consumer reviews site that members pay for, has completed its IPO at the high-end of its range, raising $75.6 million for the company and $30.7 million for shareholders.
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Marketo, Rocket Fuel for Sales, Lands $50 Million From Battery Ventures

The start-up that specializes in helping companies boost their sales had its pick of many interested investors. It’s also now mulling an IPO.

First Class Ticket: Social Travel Start-Up Gogobot Raises $15M in Funding at $70M Valuation

Around the world in $15 million.
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Facebook-Funded Sociable Labs Helps Retailers Be More Friendly

Sociable Labs, which helps retailers integrate Facebook’s social graph into the shopping experience, comes out of beta today with a handful of brand-name customers.
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Gogobot Goes Mobile With New iPhone App

The innovative social travel site Gogobot is unveiling its iPhone app today.
Gogobot Mobile Nearby Screen

Gogobot Unveils Flipboard-Like Web Travel Scrapbook

The social travel start-up Gogobot has launched an eye-catching new feature to its site to allow users to make visually striking collections of their destinations on the fly. Get it? A travel site and on the fly!
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Israeli Start-Up Zerto Aims to Bring Disaster Recovery to the Cloud

For CIOs, planning for disasters usually means bearing the cost of a second identical set of IT gear that can keep a company running when the worst happens. You’d think by now someone would have figured out how to move disaster recovery to the cloud. As of today, you’d be right.
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