Round the Clock Acquisitions 11-14-2007

November 14th, 2007 at 12:00 am

Just when I though VC’s were only now funding new startups. Today I’m glad to report that some earlier established startups are getting fundings. Aside from that, the usual small startups are still getting funds.

It’s actually amazing to see that I still get many reports of fundings and acquisitions. I really think they would either run out of companies to fund or money to spare. Apparently, I’m thinking small.


Zecco Holdings Inc. , a Burlingame, Calif.-based zero-commission online brokerage, has raised $25 million. Velocity Capital led the round, which came with a post-money valuation of approximately $100 million, according to VentureWire.

ChaCha , an Indianapolis-based search startup, has raised $10 million in second-round funding. Morton Meyerson led the deal, and was joined by return backers Bezos Expeditions, Rod Canion (founding CEO of Compaq) and Jack Gill (partner at Maven Ventures). The deal included a $2 million grant from 21st Century Technology Fund, an Indiana technology initiative. ChaCha had raised a $6 million Series A round earlier this year.

ON Networks Inc. , an Austin, Texas-based producer of original online video entertainment, has raised $12 million in second-round funding. Accel Partners led the deal, and was joined by return backers Austin Ventures and AT&T Corp.

Gydget, a San Francisco-based social marketing platform, has raised an undisclosed amount of Series A funding led by SunBridge Partners.

Billeo Inc., a Santa Clara, Calif.-based online bill payment solution, has raised $7 million in Series B funding. ATA Ventures led the deal, and was joined by return backers Altos Ventures, Claremont Creek and Pacifica Fund.

Social network for neighbors Fatdoor has raised $5.5M in its first round of institutional funding. The company has also brought aboard ex-Yahoo Jennifer Dulski as its CEO.


Thanks to PE Hub , TechCrunch and Mashable .