Wed 25 Apr 2007
Deal Roundup for April 25: EQO; Netlog; CastTV
Posted by EPR-Network under Computers, Deals, Entertainment, Financial, Internet & Online, Marketing, Small Business, Software, Technology, web 2.0
EQO, a mobile services company we’ve covered only because of its social networking integration, is announcing on Wednesday that it has raised $9M in Series B financing in a round led by Ventures West, with the return of GrowthWorks and BDC Capital. EQO launched at DEMO 2006, and offers to mobilize IM and VOiP networks including Skype, AIM, ICQ, MSN Messenger, GoogleTalk and Yahoo Messenger. The funding is being used to expand the team and build new products.
Facebox Becomes Netlog; Raises €5M
Netlog , previously known as Facebox, is relaunching (again) under their latest new brand name, with €5 million ($6.8M) in their pocket from a round of funding backed by Index Ventures. Netlog has an extensive, and confusing, history. Feel free to delve deeper into their story here . Netlog has created a network of interactive communities that span Europe in nine different countries, all operating in their respective languages from English to Dutch to Portuguese.
CastTV Raises $3.1 Million, Battles Google And AOL In Video Search
San Francisco-based CastTV , a video search service that is yet to launch, announced a $3.1 million round of financing from Draper Fisher Jurvetson this morning. We first wrote about the company, which is led by husband and wife team Edwin Ong and Alex Vikati, last October. See our post and screenshots here . AOL arguably has the best video search technology through their acquisition of Truveo in early 2006. Google also has a growing video search engine that includes both Google Video and YouTube videos.
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