Round the Clock Acquisitions 28-January-2008

January 28th, 2008 at 12:00 am

bird drink coffee

There’s a reason why rank and file employees simply hate starting the week and bosses on the other hand love it.  Last Friday,I was scouring around trying to find any announcements of fundings coming in or any other acquisitions.  Today, Monday, it did not take long for me to select announcements to report for this post. 


Ooyala Inc ., a Mountain View, Calif.-based online video and advertising platform, has raised $8.5 million in Series B funding. Sierra Ventures led the round, with managing director Mark Fernandez taking a board seat. Original angel investors also participated.

The HealthCentral Network , an Arlington, Va.-based provider of online health and wellness information, has raised around $50 million in new VC funding, according to PaidContent. IAC is leading the round n exchange for a minority stake, with return backers including Sequoia Capital, Carlyle Venture Partners and Polaris Venture

Social network Moli raises another $29.6 million, to take on Facebook, LinkedIn.

Mobile social networking startup MocoSpace raised a $4 million B round from existing investors General Catalyst, Bob Pittman’s Pilot Group and former eBay exec Michael Deering. The previous A round was $3 million in January 2007.

The Rubicon Project, a meta ad network that helps Websites place and optimize ads from the hundreds of other ad networks out there, closed a $15 million B round just three months after raising a $6 million A round.

Finnish mobile phone giant Nokia has acquired Norwegian platform application development provider Trolltech for $153 million.

UK digital media seller 7digital has taken £4.25 million ($8.5 million) in a round led by Sutton Place Managers that included original investor Balderton Capital (formerly Benchmark Europe).

Visible Measures is announcing a Series B financing today of $13 million, led by Mohr Davidow Ventures. General Catalyst, who led the company’s $5 million Series A in March, 2007, participated in this round as well.

eBay through Paypal has acquired fraud detection provider Fraud Sciences Ltd for $169 million.


Thanks to PEHub, Venturebeat, TechCrunch, Mashable and GigaOm.