African Web video service Iroko raises more funds, targets cable TV

July 16, 2012

A store in Nairobi, Kenya selling Nollywood movies (Photo: Reuters)

Iroko Partners, an online distributor of African movies and music, has raised another $2 million in its latest round of funding from a Swedish venture capital group as it seeks to take the service to cable and satellite TV partners in the U.S. and Europe.
The Lagos, Nigeria-based company raised the funds from Sweden’s Kinnevik, an early investor in Groupon Inc. Iroko previously raised $8 million from U.S.-based hedge fund Tiger Global in April as investors in emerging markets seek to tap into one of the fastest growing movie businesses in the world.

Survey: VCs more confident investing domestically, in IT sectors

July 16, 2012

If every cloud has a silver lining, the silver lining for global venture capitalists during the current economic gloom appears to be cloud computing, according to results of a confidence survey from Deloitte and the National Venture Capital Association released Monday.

Online video service Chill snags $8 million funding round

June 27, 2012

Do consumers want a more social side to video? Some $8 milllion to Chill, an online-only video service that works via Facebook, says they do. The cash comes from venture firm Kleiner Perkins Caufield & Byers, talent firm William Morris Endeavor, and others.

Blue Jeans Network wants video meetings to be commonplace

June 27, 2012

One year after its launch, Blue Jeans Network has expanded the reach of its interoperable videoconferencing service and secured a third round of funding worth $25 million.

Freshplum takes data-driven approach to online pricing

June 26, 2012

Palo Alto start-up Freshplum hopes to take the guesswork out of digital commerce by using analytics software, data science and math to help companies make decisions like how to price merchandise. 

Swipp looks to quantify your comments

June 21, 2012

Silicon Valley start-up Swipp says it has raised $3.5 million in funding from venture firm Old Willow Partners, an early investors in Groupon. It will use the cash to develop and launch its first products sometime in late fall. On the subject of what exactly those products will be, Chief Executive and co-founder Don Thorson was cagey. But it seems like he’s aiming to create a social network where it would be easier for consumers and merchants to analyze or make money from data than on say Twitter or Facebook.

from Paul Smalera:

Startups are big in Boulder, but where are the tech billionaires?

June 20, 2012

"I'm not interested in working on this unless it's going to be a multi-billion dollar idea. If I thought this would be a hundred million dollar company -- what's the point?" - Anonymous entreprerneur discussing his startup. Overheard in front of Ozo Coffee, Boulder, CO.

Got an idea but nowhere to pitch it? Try Intel and Facebook

December 1, 2011

Have you dreamed up the next social media sensation, energy-efficient engine or hot consumer gadget but don’t know where to pitch your idea? If you’re between 18 and 24 years old, log onto Facebook.

Lending Club taps into consumer ire

November 9, 2011

With consumers more angry than ever with credit card companies and big banks, and increasingly worried about another economic downturn, one upstart company has made this into an opportunity.

What’s in store for Dropbox after receiving a big pile of cash

October 19, 2011

Dropbox, one of the most watched companies in Silicon Valley, officially announced on Monday that it raised an astounding $250 million in a Series B round led by Index Ventures, reportedly valuing the virtual file cabinet company at a whopping $4 billion.  This massive round stands in contrast to the first bit of money raised — about  $7 million –  from early investors including Sequoia Partners, Accel Partners, and Hadi and Ali Partovi.*