Round the Clock Acquisitions 31-January-2008

January 31st, 2008 at 12:00 am


It’s officially past midweek and as expected, acquisitions have slowed down in numbers.  However this does not affect the amounts we are talking about.  Amazon recently bought off somebody for $300 Million.  So keep on reading. 


Etsy, a Brooklyn, N.Y.-based online marketplace for buying and selling handmade goods, has raised $27 million in new venture capital funding. Accel Partners led the deal, and was joined by return backers Union Square Ventures and Hubert Burda Media. Jim Breyer of Accel has joined the company’s board of directors. 

Widgetbox has just closed its Series B funding, getting an additional $8 million from Sequoia Capital, Hummer Winblad Venture Partners, NCD Investors, and private investor Michael Dearing. From the looks of it, the funding will go towards the development of new products, and the express expansion of its revenue-sharing program DevShare.

Seattle-based GlobalScholar is announcing today a $27 million B Round from existing investors Ignition Partners and Knowledge Universe Education. This is on top of a previously undisclosed $15.5 million A Round the company raised early last year. Board members include Ignition’s Brad Silverberg and former CEO Peter Neupert.

Amazon has announced the acquisition of Audible, one of the biggest online providers of audio content, including audiobooks, radio and TV programme, and audio versions of magazines. offers over 80,000 programs, and its roster includes audiobooks from authors such as Stephen King, Thomas Friedman, and Jane Austen. The $300 million dollar deal is expected to close by the second quarter of 2008.


Thanks to PEHub and Mashable.