Money and companies of the web today

November 8th, 2007 at 12:00 am

After yesterday’s frenzy and quite high profile acquisition, today gives us a slower turn of events. 


Intel Capital announced Thursday a $10 million investment in security company Iovation, which targets online fraud and abuse based on the identification and "reputation" of Net-enabled devices. (via Webware)

Multiply managed to land a multi-year ad deal with one of the Philippine’s largest networks, ABS-CBN. ABS-CBN has 67 televisions stations, 19 radio stations, 30 websites and reaches 97% of the Filipinos with televisions. Under terms of the agreement, ABS-CBN interactive will sell advertising and mobile services for Multiply’s Filipino users, with the two companies sharing revenues. (via TechCrunch)


ING has agreed to acquire ShareBuilder Corp., a Bellevue, Wash.-based online brokerage, for $220 million in cash. ShareBuilder has raised around $75 million in VC funding since 1999, from firms like Madrona Venture Group, Guide Ventures, Beranova Capital Co., WM Strategic Capital Fund, Lake Street Capital, Goldman Sachs, Wells Fargo and Kirlan Venture Capital. (via PE Hub)

Azaleos Corp., a Seattle-based managed Microsoft Exchange and messaging company, has raised $10 million in Series C funding. Ignition Partners led the round, and was joined by return backer Second Avenue Partners. (via PE Hub)


Like I said, no big deals today.