Round the Clock Acquisitions: Feb 04 2008

February 4th, 2008 at 12:00 am


Well, we were all hoping to see the Microsoft acquisition of Yahoo on this post today but it just didn’t happen.

However, there’s been a lot of acquisitions while we were all distracted my the Microhoo fiasco.  One acquisition even involves Yaho.  Moreover many familiar names popped up while collating this report.

Besides, its a Monday, as expected there’ll be a lot on our plate today. 


AOL has just announced the acquisition of Goowy Media, a San Diego-based Flash startpage, widget and desktop application startup. One of Goowy’s bi-products is yourminis a slick startpage.

eBuddy, a web chat application that actually was around long before the similar high-flying Silicon Valley startup Meebo, raised €6.5 million in a Series B round of funding today. The investment was led by Prime Technology Ventures. The company had previously raised €5 million.

Yahoo has bought FoxyTunes, a browser plug-in for Firefox and IE that has features such as online music and lyrics search, and also lets users control their media player from within the browser. The parent of the plug-in is based in Israel.

Clickability Inc., a San Francisco-based provider of on-demand web content management solutions, has raised $8 million in Series B funding. Shasta Ventures led the round, and was joined by return backer Convergence Partners. The company has now raised $15.6 million in total VC funding.

Teneros, a Mountain View, Calif.-based maker of an application continuity appliance, has raised $40 million in Series D funding. Advanced Equities led the round, which peHUB first reported on last September. Return backers include Goldman Sachs, New Enterprise Associates, Sevin Rosen Funds and STAR Ventures. Teneros has now raised over $77 million since 2004.

Naseeb Networks, a Pakistani consumer Internet company, has raised $2 million in Series B funding, according to a regulatory filing. This includes the "undisclosed" amount announcwed last week by ePlanet Ventures. 

Widgetbox Inc., a San Francisco-based Web 2.0 widget directory, has raised $8 million in Series B funding. Backers include Sequoia Capital, Hummer Winblad Venture Partners, NCD Investors and angel Michael Dearing.

Yahoo reportedly is nearing a deal to acquire online video hosting and distribution company Maven Networks, for between $160 million and $170 million. Maven has raised around $24 million in VC funding since 2004, including a 2006 Series C round at a post-money valuation of approximately $44.2 million. Backers include Accel Partners, General Catalyst Partners and Prism VentureWorks.


Thanks to PEHub , TechCrunch , Mashable and PaidContent