Sat 2 Jun 2007
Deal RoundUp for June 2: Slacker; Keibi; Feedburner; Biyani; Respectance
Posted by EPR-Network under Advertising, Business, Computers, Deals, Financial, Internet & Online, Music, Small Business, Software, Sports, Technology, web 2.0
Slacker Gets $40 Million for Growth
When Slacker initially launched their three prong web, desktop, and portable music service, we felt they needed a lot of cash in the bank to take on incumbents like Last.fm and iTunes. It looks like they got that start, with the addition of a whopping $40 million investment on top of the original $13.5 million series A funding , according to PEHub . Centennial Ventures and Rho Ventures were new investors, with Austin Ventures, Mission Ventures, and Sevin Rosen Funds returning.
Keibi Takes $6 million Series B Funding
San Francisco-based Keibi Technologies has raised around $6 million in Series B funding from Catamount Ventures and Hunt Ventures.
It’s Official: Google Buys Feedburner
Last week’s rumored acquisition of Feedburner by Google has been confirmed . Feedburner CEO Dick Costolo announced the acquisition with his usual flare and humor proclaiming, ‘FeedBurner has been acquired by Google. The local weather forecast calls for general euphoria with intermittent periods of off-the-rails delight.’
Biyani bullish about shopping portal
Kishore Biyani may be just a mouse click away from raising big money for his online shopping portal . His business of the future, Futurebazaar.com is in talks to rope in private equity funds Sequoia and Carlyle. Sources have told NDTV that Pantaloon retail, which owns 100 per cent in Futurebazaar.com will sell 10-15 per cent stake in the portal.
Bring Out Your Dead: Respectance Wins Funding For Eulogy Social Network
San Francisco and Kracow Poland-based Respectance says it has raised $250K in venture capital funding , and is due to announce another round next month, having secured the backing of a large Dutch VC group. Advertising might not be appropriate so Respectance.com will charge $1 for each funeral video downloaded.
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