Squarespace. $38.5 Million in VC Bucks. More Social Networking For All. (Stop Me If You've Heard This One.)

Another day, another giant venture funding. Today it is $38.5 million to Squarespace–which lets you make blogs, Web sites, mobile apps, social networking widgets and other such oversharing digital tools–from Index Ventures and Accel Partners. Squarespace is from New York. Index is in London. Accel is in Silicon Valley. It’s very global!

Voices

Almost Famous: Jonathan Tepper of Demotix

Never heard of Demotix? Don’t feel too bad, its founder says it’s a common problem. The London-based journalism start-up now operates in over 190 countries and territories and describes itself as a “street journalism” wire service. Our talk with founder and COO Jonathan Tepper gets into detail about how to do journalism and (hopefully) turn a profit.

Rob Glaser Eased Out as RealNetworks CEO

Rob Glaser is stepping down as longtime CEO of RealNetworks, the company he founded in 1994. Sources say the move was instigated by his own board, but that he cooperated with the decision and was involved in the transition. Glaser will remain chairman of the Seattle-based company, but will be replaced as CEO by Robert Kimball, who most recently served as general counsel and executive vice president of corporate development at Real.
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What Hath Flip Wrought?–The Ghoul Edition

Earlier this week, BoomTown pointed out how Cisco Chairman and CEO John Chambers was captured doing duck calls on the Flip digital video camera, made by the start-up his company bought in March for $590 million. That was an adorable use of the consumer electronic device. But in the not-so-cute department, I submit this photo at right. Sitting next to her boss, Barbara Walters, an ABC producer used it to ghoulishly take shots of the kids of pop legend Michael Jackson memorial service on Monday.
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Time Inc. and Getty Images Go Back to the Future With Life.com

Here’s a refreshingly retro take for a Web site launching in 2009: One that only features photos. Lots and lots of really interesting photos. Meet the new Life.com, a joint venture between Time Warner’s Time Inc. and Getty Images that launches today. Not too many bells and whistles, just seven million arresting images.
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