fundraising

Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company

Tricia Duryee in Commerce on May 24 at 5:30 am PT

Scoutmob was able to attract $3.25 million in new funding and a major new payments partner by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.

Videogames Using the Power of Fans to Get a Kick Start

Tricia Duryee in Commerce on May 21 at 7:00 am PT

Videogames are fast becoming one of the most popular categories that are able to attract start-up capital from everyday people.

Flipboard CEO McCue Likely to Step Down From Twitter Board Over Potential Future Conflicts (Or Closer Cooperation)

Kara Swisher in News on May 7 at 1:37 pm PT

There is a growing feeling that the social communications companies are on a product collision course, with a possible troubled or perhaps more attractive result.

Clicking on a Fortune: Facebook to Acquire Photo-Sharing Start-Up Instagram for $1 Billion

Kara Swisher in News on April 9 at 10:03 am PT

A blockbuster exit for the popular and elegant mobile photo-sharing service.

Aileen Lee Launches Kleiner-Backed Seed Fund

Kara Swisher in News on April 6 at 10:14 am PT

KP partner decided to be the change she wants to see in the world.

Wikipedia’s Pledge Drive Ends — So Do Those Jarring Testimonials!

Tricia Duryee in Media on January 2 at 4:35 pm PT

The Wikimedia Foundation’s annual fundraiser ended today after the nonprofit raised $20 million from one million donors worldwide.

Start-Up Rally Wants Your Cause to Raise Money Online, Even if Justin Bieber Isn’t Tweeting About It

Drake Martinet in News on July 15, 2011 at 8:00 am PT

There’s an old maxim in fundraising: It’s better to get one dollar from 100 supporters than it is to get $100 from one supporter. Or you can get a new online fundraising start-up called Rally to take advantage of the network effects of your real supporters.

Machinima's Latest $5 Million Round Doesn't Reflect Its Big-Money Valuation

Tricia Duryee in Commerce on April 25, 2011 at 7:18 pm PT

Machinima, which is mixing the art of film-making and game development in an attempt to build a new media empire, is close to raising a round worth roughly $5 million. But despite the round’s petite figure, make no mistake that the Los Angeles-based company has blockbuster-sized ambitions and a valuation to match.

Voices

VC Fundraising Has Best Start Since 2001

Alistair Barr, Reporter, MarketWatch in News on April 11, 2011 at 12:30 pm PT

The U.S. venture-capital industry had its best fund-raising start since 2001 as three firms dominated, Thomson Reuters and the National Venture Capital Association said Monday.

First Half of Groupon Funding Done–DST, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley

Kara Swisher in News on January 7, 2011 at 12:01 am PT

Groupon has officially raised half of a $950 million funding, getting $500 million from a range of top-drawer investors, said sources close to the situation. Those investors include Russia’s DST Global, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley. It’s unclear how much each investor has put in and who will make up the next tranche of funding, which will also close imminently.