Series C

Amid Increasing Competition, Fitbit Scores $12 Million in Funding

Lauren Goode in News on January 24 at 3:00 am PT

Will the new funding help Fitbit get in shape for what is gearing up to be a tough competition in wearable fitness?

Former Top Editor Makes Another Talent Raid on AOL’s Engadget for New Competing Gadget Site

Kara Swisher in Media on July 7, 2011 at 9:24 am PT

I love the smell of blog wars in the morning! Acting as Facebook often does to Google, a new site started by former Engadget editor Josh Topolsky just hired away yet another passel of tech journalists from the giant gadgets news and reviews organization. It is Topolsky’s second major talent raid since he left his editor-in-chief job there in March, for a new gadget property aimed at unseating Engadget.

Sweeet!: Sugar Gets $15 Million More in New Funding From IVP and Sequoia

Kara Swisher in News on April 12, 2011 at 9:00 pm PT

Sassy women-focused content site, Sugar Inc., has raised another $15 million in late-stage venture funding from new investor Institutional Venture Partners, as well as its original one, Sequoia Capital. The San Francisco-based site, which has now raised a total of $46 million, said it would “use the funds for brand extensions, acquisitions, and international growth…”

SB Nation Sacks AOL in Raid of Former Engadget Team for Competing New Tech Site, As AOL Zeroes in on New EiC

Kara Swisher in News on April 3, 2011 at 7:34 pm PT

Jim Bankoff, the fomer AOL exec responsible for buying Engadget for the Internet portal, has grabbed eight staffers who had recently left the huge tech site amid tensions, in order to start a new gadget property for his SB Nation sports and news platform. The site–which is still unnamed and will be run by outgoing Engadget Editor-in-Chief Josh Topolsky–will debut sometime in the fall. Meanwhile, AOL has zeroed in on a new leader to replace Topolsky.

Transphorm Nabs $20 Million From Google Ventures, Kleiner

Kara Swisher in News on February 23, 2011 at 11:00 am PT

Yet another “stealth” start-up came out of hiding today with a big Silicon Valley funding. That would be Transphorm, a power conversion technology company, that has raised $20 million more in a Series C financing led by Google Ventures and including Kleiner Perkins, Foundation Capital and Lux Capital. That adds to $18 million already raised.

Cooliris Raises $9.6M, Gets Social With Mobile Photo-Sharing App

Liz Gannes in Social on February 14, 2011 at 2:00 am PT

Cooliris, which makes tools to help people consume media on the Web and various devices, is changing focus with a new flagship product that’s about sharing photos rather than browsing.

News Byte

Glassdoor Takes $12M for Job Review Site

Liz Gannes in Social on February 10, 2011 at 8:39 am PT

Glassdoor, perhaps the only gossip site that can actually improve your quality of life, has raised $12 million in Series C funding led by new investor Battery Ventures and including existing investors Benchmark Capital and Sutter Hill Ventures. The company has user-contributed (and moderator-reviewed, before posting) salary data and employer reviews on 110,000 companies in more than 100 countries. Launched right before the recession hit in 2008, the site has grown to 3.5 million monthly uniques, and CEO Robert Hohman said he thinks it’s “time to lean into it as the economy is recovering.”

Seven Questions for Sunny Gupta, CEO of Apptio, the CIO's New Best Friend

Arik Hesseldahl in Enterprise on January 28, 2011 at 6:30 am PT

All CIOs struggle to get a true understanding of the costs associated with IT infrastructure and also of the value it provides their companies. Apptio is a cloud-based service that tracks those costs every month and helps you get the most out of an IT budget.

Scribd Raises $13M More for Web Docs

Liz Gannes in Social on January 18, 2011 at 12:02 pm PT

Scribd has raised $13 million in a Series C funding led by MLC Investments of Australia and SVB Capital, and including previous investors Redpoint Ventures, Charles River Ventures and Kinsey Hills Group.

Lookout: Mobile Security Picks Up Funding Steam

Ina Fried in Mobile on December 22, 2010 at 5:03 pm PT

Wireless security specialist Lookout Mobile Security has returned to the funding well, scooping up $19.5 million in Series C funding. As part of the latest round, Index Ventures is adding its name to the roster of backers, with partner Mike Volpi joining Lookout’s board.

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