funding

No End-Zone Dance for Tumblr Investor Fred Wilson

You can count on it — when a deal works out spectacularly everyone involved will take credit for it. This behavior is particularly annoying to the entrepreneurs who put the sweat, blood, and tears into the Company.

– “Union Square Ventures’ Fred Wilson, one of Tumblr’s earliest investors, celebrating the Yahoo deal without celebrating

Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected

Kara Swisher in Media on May 19 at 9:34 am PT

Done (just like we said).

Time Machine! Tumblr’s David Karp in 2007, Age 21.

Peter Kafka in Media on May 17 at 3:03 pm PT

Back when he was 21, had 75,000 users and was raising $750,000.

Will Yahoo Try to Get Its “Cool Again” by Doing a Deal for Tumblr?

Peter Kafka and Kara Swisher in Media on May 16 at 4:35 pm PT

Could an investment in or purchase of the hipster blogging service take years off the Silicon Valley Internet giant?

News Byte

Fueled by Facebook Exchange, Triggit Raises Another $6 Million, This Time Via Debt

Peter Kafka in Media on May 16 at 7:16 am PT

Ad tech startup Triggit, which raised $7.4 million last fall after Facebook helped its business skyrocket, has raised another $6 million, this time via a debt deal with North Atlantic Capital. Triggit, which has now raised $20 million over the past few years, is concentrating on connecting clients with Facebook’s Exchange, and on working with international ad buyers in particular.

News Byte

Rafat Ali’s Skift Raises Another $1.1 Million

Peter Kafka in Media on May 15 at 6:00 am PT

Skift, the travel news startup from paidContent founder Rafat Ali, has added $1.1 million to the $500,000 seed round it raised last year. Lerer Ventures led the round, along with new money from funds including Advancit Capital and individuals including Martin Nisenholtz and Shakil Khan. Ali said the money will help him double his staff, to 10, and to launch new services.

Commercial Drone Platform Company Gets $10.7 Million From Andreessen Horowitz and Google Ventures

Kara Swisher in News on May 15 at 4:30 am PT

Is hardware the new software?

YouTube’s StyleHaul Network Picks Up Another $6 Million, This Time From RTL

Peter Kafka in Media on May 14 at 6:00 am PT

Bertelsmann really likes this fashion and shopping network; it’s the second time it has invested in it this year.

News Byte

Any.DO Gets $3.5M for To-Do Apps

Liz Gannes in Mobile on May 13 at 11:00 am PT

Any.DO, a to-do-list app maker that tries to be smart about getting people to actually complete what they set out to do, has raised $3.5 million in additional seed funding from Genesis Partners, Innovation Endeavors and others. Initially popular on Android, Any.DO is now the top U.S. iPhone to-do list, according to Onavo Insights.