12 posts and columns on Canaan Partners

OpenSky Raises $30 Million for Twitter-Inspired Shopping Site

in Commerce on October 24, 2011 at 5:59 am PT

OpenSky is e-commerce with a Twitter twist: Follow celebrities and experts to get recommendations on the latest food, fashion, design and style.
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News Byte

Cardlytics Raises $33 Million to Support Daily Deals Alternative

in Commerce on September 8, 2011 at 12:47 pm PT

Cardlytics, which is developing a platform that enables banks and others to offer Groupon-like discounts to consumers, has raised a $33 million fourth round of capital. Investors in the round include Groupe Aeroplan, with which it is also forming an alliance, along with Canaan Partners, Polaris Venture Partners, TTV Capital, ITC Holdings and Kinetic Ventures. The Atlanta-based company will use the capital for U.S. and international growth.

Kabam Raises $85 Million to Build the Zynga of Hardcore Gaming

in Commerce on May 26, 2011 at 5:05 am PT

Redwood City, Calif.-based Kabam has quietly been building a sizable social game company only miles away from industry leader Zynga.
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Peer39 Raises Another $5 Million for Ad Targeting That Promises Not to Invade Your Privacy

in Media on May 19, 2011 at 12:58 pm PT

The display ad company adds fuel with an inside round.

Gemvara Raises $15 Million for "User-Generated" Jewelry Making

in Commerce on March 23, 2011 at 5:00 am PT

Gemvara, which sells custom jewelry online that’s designed by the customer and shipped to their home, has closed a $15 million round of capital.

Canaan Partners Remains Bullish On India

in News on August 24, 2010 at 5:00 am PT

As the fund-raising environment worsened and fund sizes were cut, some venture firms pulled back from what used to be excited efforts to invest in emerging markets like India. Canaan Partners, however, says it’s still bullish on India and is carrying forward a plan to invest 20 percent of its $650 million eighth fund in the region.

News Byte

NBC U’s Peacock Equity Bets on Voice Chat Start-Up Vivox

in Media on July 13, 2010 at 7:17 am PT

Peacock Equity, the joint venture investment fund co-owned by GE Capital and NBC Universal, has invested $2 million in Vivox, which sells “voice chat services for social applications”–i.e., games, virtual worlds, etc. Other investors in the Boston-based company include Benchmark Capital, Canaan Partners, GrandBanks Capital and IDG Ventures. Related question: What becomes of Peacock once the Comcast deal goes through?

News Byte

NBC U's Peacock Equity Bets on Voice Chat Start-Up Vivox

in Media on July 13, 2010 at 7:17 am PT

Peacock Equity, the joint venture investment fund co-owned by GE Capital and NBC Universal, has invested $2 million in Vivox, which sells “voice chat services for social applications”–i.e., games, virtual worlds, etc. Other investors in the Boston-based company include Benchmark Capital, Canaan Partners, GrandBanks Capital and IDG Ventures. Related question: What becomes of Peacock once the Comcast deal goes through?

Yahoo Snaps Up Associated Content for $90 Million to Compete With AOL and Demand Media

in News on May 18, 2010 at 1:00 pm PT

Yahoo–in a clear attempt to get deep into the social content space and better compete with both AOL and Demand Media–announced the acquisition of Associated Content. Sources close to the situation said the price was $90 million in cash, which is a solid outcome for Associated Content, a start-up that found itself in an increasingly crowded space for cheaper content.

Tremor Media Rounds Up Another $40 Million For Web Video Ads

in Media on April 28, 2010 at 2:25 am PT

Remember when the pre-roll — ads that run before Web video clips — was supposed to be on its way out? Somebody forgot to tell Tremor Media. The video ad network, which makes most of its money selling pre-rolls, has raised a $40 million funding round led by Draper Fisher Jurvetson Growth Fund, along with DFJ and Triangle Peak Partners. Earlier investors including Canaan Partners, Meritech Capital Partners, and SAP Ventures are also onboard.

A “Hole-Filler” Gets Funded: TweetPhoto Raises $2.6 Million

in Media, April 13, 2010 at 4:01 am PT