News Byte

Quote-Saving App Banters to Shut Down; Founders Jump to Betaworks

After struggling to attract a significant user base over the past year, conversation-saving app Banters is closing up shop, co-founder Lauren Leto announced via company blog on Tuesday. Leto and partner Patrick Moberg had raised an undisclosed amount of seed funding from the likes of Chris Dixon, Khosla Ventures and SV Angel. The two will join Betaworks — Leto as general manager of the firm’s Findings product and Moberg as a “hacker-in-residence.”

Sources: Google Is Close to Buying Meebo

Google is in talks to acquire Meebo, according to two sources close to the situation.
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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.

Big-Data Tracker Metamarkets Gets New Money to Back Its Newish CEO

Khosla Ventures leads a $15 million round for the three-year-old start-up, which swapped out co-founders a few months ago.
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Square’s Next Round Could Swipe a $4 Billion Valuation

Square is seeking to raise a fresh round of capital at a valuation of up to $4 billion, according to multiple sources familiar with the situation.
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Yammer Lands $85 Million Funding Round From Draper Fisher Jurvetson

The rumors are true. But, boy, were they ever off on the numbers.
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Fast-Growing Cloud Management Start-Up Okta Hires Two New VPs

Customers are up threefold and end users are up by a factor of six. Time to put some more talent on the executive team? Yes.
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Miso Helps Watchers and Networks Annotate TV

The social TV start-up Miso today introduced a new iPhone app built to give added information, products, links and commentary while people are watching TV.
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eBay Buys Hunch

One of a string of pickups for eBay.
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Kaggle Solves Big Data Problems With Contests — And Now Has Big Funders and $11M on Board

What if the Netflix Prize model — solving hard problems about big data sets using contests — could be applied to all sorts of other things? A remarkable start-up called Kaggle is doing just that.
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