Round the Clock Acquisitions 18-12-2007

December 18th, 2007 at 12:00 am

It’s beginning to look a lot like Christmas…lalala…  Money is pouring ito startups and they’ll definitely be having a merry Christmas.  Today’s round  up comes from TechCrunch , GigaOm , and PE Hub .


Paris-based Streamezzo raised $22 million in a C round led by a Kuwaiti investment group, NTEC. That brings the total capital put into the firm, which sells technology for mobile-TV and rich-media streaming applications, to $48 million. Other investors include Sofinnova Partners, AXA Private Equity, and Qualcomm.

Live Gamer came out of stealth today with a $24 million A round from Charles River Ventures, Kodiak Venture Partners, and Pequot Ventures. Live Gamer wants to create an eBay for virtual goods used in online worlds and videogames. , an online shopping community that connects luxury brands with the consumers who covet them through computers, emails or cell phones, has secured $3.8 million in Series A funding from Kodiak Ventures and angel investors. Ideeli is a New York-based company of seasoned Internet and fashion leaders from companies like Oracle, Aveo,, DoubleClick, Ralph Lauren and Gucci.

The Founders Fund has a raised a new $220 million fund, their second. They will invest in 15-to-20 early stage start-ups, they announced today. The four managing partners of FF include Peter Thiel, well known for his investment in Facebook and Sean Parker, who was involved with Facebook in the early phase of Palo Alto-based social network.

Kango, a semantic search engine for travel, announced that it raised $4 million from Shasta Ventures earlier this year. The terms previously were not disclosed. Kango looks at travel reviews and other information across the Web and automatically generates tags so it can categorize results by how "kid friendly" or "romantic" they may be.