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Sequoia
TechCrunch:
IMImobile has closed a $13 million round of financing. The financing round was led by Sequoia Capital India and includes participation from existing investor FirstMark Capital. The significance for European venture is that IM (Read More)
VC Circle:
IMImobile, a Hyderabad-based mobile, online technology and content services company, has raised $13 million funding from Sequoia Capital and its existing investor First Mark Capital. The company plans to use the funds for ac (Read More)
News Network:
Venture Capital
Submitted by magitam
from Google Reader:
Bump Technologies has taken their popular iPhone application in which users exchange contact information simply by bumping phones and ported it over to the Android operating system. As the application launches on the Android (Read More)
VentureBeat:
Real estate site Redfin announced today that it has raised $10 million more in a fourth round of funding.The round was led by Greylock Partners, meaning that the firm (which just raised a new fund) is the latest high-profile (Read More)
TechCrunch:
It’s a big night for Bump Technologies, the mobile software startup that recently landed a round of funding led by Sequoia Capital. The company makes mobile apps that let users share their contact information (and other data) (Read More)
Submitted by louisgray
from Google Reader:
On Monday, Accel Partners had much to celebrate – two portfolio companies, AdMob Inc. and Playfish Inc., announced they sold to bigger players for more than a combined $1 billion.Shortly after the announcements we chatted w (Read More)
Submitted by magitam
from Google Reader:
Jim Goetz of Sequoia Capital — who joined AdMob’s board and led its Series A round in September 2006 — says the company was not overvalued and there is no Internet bubble. “It’s way too early to talk about a bubble.”On the co (Read More)
TechCrunch:
When Google CEO Eric Schmidt mentioned a few weeks ago that the M&A spigot is now back on at the search giant, he wasn’t talking about a trickle. Today’s announced deal to by mobile ad startup AdMob for $750 million is Googl (Read More)
Submitted by louisgray
from Google Reader:
Google’s Inc.’s $750 million deal to buy mobile advertising company AdMob Inc. is the second largest acquisition of a venture capital-backed company this year. The company raised more than $46 million from Accel Partners, Dra (Read More)
VentureBeat:
It’s weird how good news for VCs seems to have come in pairs.This morning, Electronic Arts said it’s buying social gaming company Playfish for up to $400 million in cash and stock, and a couple hours later Google announced th (Read More)
Submitted by snsundar
from Google Reader:
Shout-out to Sequoia for featuring Omar Hamoui on their home page today (he’s the CEO of AdMob which was acquired by Google today for $750M). Well done!
. (Read More)
Submitted by magitam
from Google Reader:
Former NFL star Ronnie Lott has resigned as an executive with Capital Dynamics, the Swiss alternative asset manager that earlier this year assumed management control of funds-of-funds raised by Lott and others under the HRJ C (Read More)
VentureBeat:
Advanced Power Projects, a company that revamps power plants to make them greener and more energy efficient, will shutter this week, in hopes of reemerging next week as a brand new company with a more expansive roadmap, accor (Read More)
Submitted by louisgray
from Google Reader:
Accel Partners is making other venture capital firms look plain silly.At a time when VCs have struggled to sell their portfolio companies or bring them public, Accel is the backer of two companies - mobile advertising company (Read More)
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