Web Acquisitions

November 7th, 2007 at 12:00 am

Thanks to PEHub and Techcrunch.

Makeover Solutions Inc., a New York-based provider of online beauty communities for women, has raised $7 million in first-round funding. Backers include Village Ventures Fund, Rho Canada and Borealis Ventures.

AOL has agreed to acquire Quigo Technologies Inc., a New York-based provider of site and content-targeted online advertising solutions. No financial terms were disclosed. Quigo has raised venture funding from Highland Capital Partners, Institutional Venture Partners and Steamboat Ventures.

Hyperlocal business directory provider MerchantCircle has taken $10 million Series B in a round that included previous investors Rustic Canyon Partners, Scale Venture Partners, Steamboat Ventures (Walt Disney), and new participants IAC and Square 1 Bank.